Located in New South Wales within the Singleton local government area, Bulga is a sparsely populated locality (postcode 2330). With a population of 418, the suburb has a blend of families and working-age professionals with a median age of 37. Households earn a median income of $107K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 technicians & trades, community & personal service, machinery operators & drivers. Employment in the area leans toward mining and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bulga is $1.1 million, having risen by 3.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,092.
Public transport access includes 2 bus stops. The crime rate in the Singleton LGA is below average at 3,442 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.8% (low yield). Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +3.3% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.