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 a mature demographic with a median age of 49. Households earn a median income of $133K per year, with an average household size of 2.6 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Burrundulla is $800,000, having dropped significantly 33.9% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 4.0%. 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 3,221 incidents per 100,000 population.
From an investment perspective, Burrundulla offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -33.9% year-on-year.
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 a mature demographic with a median age of 49. Households earn a median income of $133K per year, with an average household size of 2.6 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Burrundulla is $800,000, having dropped significantly 33.9% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 4.0%. 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 3,221 incidents per 100,000 population.
From an investment perspective, Burrundulla offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -33.9% year-on-year.