Burnt Yards is a quiet locality in New South Wales within the Blayney local government area (postcode 2792). With a population of 39, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $149K per year, with an average household size of 2.6 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Burnt Yards is $20 million, having surged 1055.4% over the past year. The median weekly rent is $125 (Census 2021). This gives a gross rental yield of approximately 0.0%. The median monthly mortgage repayment is $2,150.
The crime rate in the Blayney LGA is below average at 2,047 incidents per 100,000 population.
From an investment perspective, Burnt Yards offers a gross rental yield of 0.0%, rated as low yield. Property prices are above the state median ($19.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 131.8x is considered stretched. House prices have moved +1055.4% year-on-year.
Burnt Yards is a quiet locality in New South Wales within the Blayney local government area (postcode 2792). With a population of 39, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $149K per year, with an average household size of 2.6 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Burnt Yards is $20 million, having surged 1055.4% over the past year. The median weekly rent is $125 (Census 2021). This gives a gross rental yield of approximately 0.0%. The median monthly mortgage repayment is $2,150.
The crime rate in the Blayney LGA is below average at 2,047 incidents per 100,000 population.
From an investment perspective, Burnt Yards offers a gross rental yield of 0.0%, rated as low yield. Property prices are above the state median ($19.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 131.8x is considered stretched. House prices have moved +1055.4% year-on-year.