Bywong is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2621). With a population of 1,342, the suburb has a mature demographic with a median age of 47. Households earn a median income of $165K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Bywong is $1.5 million, having surged 17.2% over the past year. The current median weekly rent is $805. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,419.
Public transport access includes 25 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Bywong offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +17.2% year-on-year.
Bywong is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2621). With a population of 1,342, the suburb has a mature demographic with a median age of 47. Households earn a median income of $165K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Bywong is $1.5 million, having surged 17.2% over the past year. The current median weekly rent is $805. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,419.
Public transport access includes 25 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Bywong offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +17.2% year-on-year.