Bylong is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2849). With a population of 19, the suburb has an older demographic with a median age of 57. Households earn a median income of $111K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, English.
The median house price in Bylong is $1.3 million, having surged 249.7% over the past year. The median weekly rent is $30 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $1,800.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Bylong offers a gross rental yield of 0.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +249.7% year-on-year.
Bylong is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2849). With a population of 19, the suburb has an older demographic with a median age of 57. Households earn a median income of $111K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, English.
The median house price in Bylong is $1.3 million, having surged 249.7% over the past year. The median weekly rent is $30 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $1,800.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Bylong offers a gross rental yield of 0.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +249.7% year-on-year.