Budgee Budgee is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 241, the suburb has a mature demographic with a median age of 50. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Budgee Budgee is $830,000, having dropped significantly 58.5% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 12 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Budgee Budgee offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -58.5% year-on-year.
Budgee Budgee is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 241, the suburb has a mature demographic with a median age of 50. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Budgee Budgee is $830,000, having dropped significantly 58.5% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 12 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Budgee Budgee offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -58.5% year-on-year.