Bulga Forest is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 5, the suburb has an older demographic with a median age of 63. Households earn a median income of $23K per year, with an average household size of 1 people.
The median house price in Bulga Forest is $330,000, having dropped significantly 18% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 6.3%.
Public transport access includes 1 bus stop. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bulga Forest offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($330K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved -18.0% year-on-year.
Bulga Forest is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 5, the suburb has an older demographic with a median age of 63. Households earn a median income of $23K per year, with an average household size of 1 people.
The median house price in Bulga Forest is $330,000, having dropped significantly 18% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 6.3%.
Public transport access includes 1 bus stop. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bulga Forest offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($330K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved -18.0% year-on-year.