Cullen Bullen is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 166, the suburb has a mature demographic with a median age of 51. Households earn a median income of $54K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Cullen Bullen is $250,000, having dropped significantly 39.8% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 9.4%. The median monthly mortgage repayment is $1,571.
Cullen Bullen is served by 1 school, including 1 primary. The average ICSEA score is 790, which is well below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Cullen Bullen offers a gross rental yield of 9.4%, rated as high yield. Property prices sit below the state median ($250K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -39.8% year-on-year.
Cullen Bullen is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 166, the suburb has a mature demographic with a median age of 51. Households earn a median income of $54K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Cullen Bullen is $250,000, having dropped significantly 39.8% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 9.4%. The median monthly mortgage repayment is $1,571.
Cullen Bullen is served by 1 school, including 1 primary. The average ICSEA score is 790, which is well below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Cullen Bullen offers a gross rental yield of 9.4%, rated as high yield. Property prices sit below the state median ($250K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -39.8% year-on-year.