Bylong (postcode 2849) is a small, quiet locality in New South Wales within the Mid-Western Regional local government area. The area has roughly 19 residents and a predominantly older resident base, with a median age of 57. Households earn a median income of $111K per year, with an average household size of 1.9 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 top ancestries reported are Australian, English.
Median house prices in Bylong stand at $395,000, having fallen by 4.8% over the last twelve months. The median monthly mortgage repayment is $1,800.
The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Property prices sit below the state median ($395K/$1.5M), which can point to relative value. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -4.8% year-on-year.