Bunyan is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). The area has roughly 192 residents and a settled, mature resident base, with a median age of 48. Households earn a median income of $107K per year, with an average household size of 2.7 people. 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 clerical & administrative, professionals, managers. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Bunyan stand at $935,000, having moved lower by 3.1% over the last twelve months. The current median weekly rent is $465. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,600.
Public transport access includes 7 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.6%, which reads as low yield. Property prices sit below the state median ($935K/$1.5M), which can point to relative value. The price-to-income ratio of 8.8x is considered moderate. House prices have moved -3.1% year-on-year.