Brungle (postcode 2722) is a small, quiet locality in New South Wales within the Snowy Valleys local government area. 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, labourers. Employment in the area leans toward agriculture and construction. The top ancestries reported are Aboriginal Australian, Australian, English.
Brungle has a median house price of $150,000, holding roughly steady year-on-year. The current median weekly rent is $460. This gives a gross rental yield of approximately 15.9%. 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 3,281 incidents per 100,000 population.
Looking at the investment signals, Brungle shows a gross rental yield of approximately 15.9%, rated as high yield. Property prices sit below the state median ($150K/$1.5M), which can point to relative value. The price-to-income ratio of 2.0x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.