Burrundulla is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 140, the suburb has an older-leaning population with a median age of 49. Households earn a median income of $133K per year, with an average household size of 2.6 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 managers, clerical & administrative, professionals. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Burrundulla is $1.1 million, having jumped by 51.9% over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $3,467.
Public transport access includes 11 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.8% (low yield). Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +51.9% year-on-year.