Bureen is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2328). With a population of 70, the suburb has an established demographic with a median age of 42. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Bureen is $2.1 million, having declined 4.7% over the past year. The current median weekly rent is $572. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $4,767.
Public transport access includes 7 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Bureen offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.4x is considered stretched. House prices have moved -4.7% year-on-year.
Bureen is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2328). With a population of 70, the suburb has an established demographic with a median age of 42. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Bureen is $2.1 million, having declined 4.7% over the past year. The current median weekly rent is $572. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $4,767.
Public transport access includes 7 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Bureen offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.4x is considered stretched. House prices have moved -4.7% year-on-year.