Brungle is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2722). With a population of 146, the suburb has an established demographic with a median age of 39. Households earn a median income of $75K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Aboriginal Australian, Australian, English.
The median house price in Brungle is $248,000, having dropped significantly 86.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 12.6%. The median monthly mortgage repayment is $981.
Brungle is served by 1 school, including 1 primary. The average ICSEA score is 646, which is well below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Brungle offers a gross rental yield of 12.6%, rated as high yield. Property prices sit below the state median ($248K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved -86.6% year-on-year.
Brungle is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2722). With a population of 146, the suburb has an established demographic with a median age of 39. Households earn a median income of $75K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Aboriginal Australian, Australian, English.
The median house price in Brungle is $248,000, having dropped significantly 86.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 12.6%. The median monthly mortgage repayment is $981.
Brungle is served by 1 school, including 1 primary. The average ICSEA score is 646, which is well below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Brungle offers a gross rental yield of 12.6%, rated as high yield. Property prices sit below the state median ($248K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved -86.6% year-on-year.