Bullaburra (postcode 2784) is a small locality in New South Wales within the Blue Mountains local government area. The area has roughly 1,300 residents and a mature demographic, with a median age of 45. Households earn a median income of $92K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 professionals, technicians & trades, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Irish.
Bullaburra has a median house price of $913,000, which has ticked up by 2% year-on-year. Units have a median price of $700,000 (+50.5% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,900.
Public transport access includes 1 rail station, 4 bus stops. The crime rate in the Blue Mountains LGA is low at 1,840 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.3% (moderate yield). Property prices sit below the state median ($913K/$1.5M), which can point to relative value. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +2.0% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.