Burrawang is a quiet locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 431, the suburb has a mature demographic with a median age of 54. Households earn a median income of $102K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Burrawang is $1.7 million, having dropped significantly 8% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,997.
Burrawang is served by 1 school, including 1 primary. The average ICSEA score is 1076, which is above the national average of 1,000. Public transport access includes 1 rail station, 11 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Burrawang offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 16.5x is considered stretched. House prices have moved -8.0% year-on-year.
Burrawang is a quiet locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 431, the suburb has a mature demographic with a median age of 54. Households earn a median income of $102K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Burrawang is $1.7 million, having dropped significantly 8% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,997.
Burrawang is served by 1 school, including 1 primary. The average ICSEA score is 1076, which is above the national average of 1,000. Public transport access includes 1 rail station, 11 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Burrawang offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 16.5x is considered stretched. House prices have moved -8.0% year-on-year.