Bukkulla is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). With a population of 149, the suburb has an established demographic with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Bukkulla is $225,000, having dropped significantly 78.6% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,192.
Public transport access includes 7 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Bukkulla offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($225K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.8x is considered affordable. House prices have moved -78.6% year-on-year.
Bukkulla is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). With a population of 149, the suburb has an established demographic with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Bukkulla is $225,000, having dropped significantly 78.6% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,192.
Public transport access includes 7 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Bukkulla offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($225K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.8x is considered affordable. House prices have moved -78.6% year-on-year.