Galambine is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 100, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $166K per year, with an average household size of 3 people. The most common occupations are professionals, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Galambine is $890,000, having dropped significantly 27.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 5 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, Galambine offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($890K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -27.3% year-on-year.
Galambine is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 100, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $166K per year, with an average household size of 3 people. The most common occupations are professionals, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Galambine is $890,000, having dropped significantly 27.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 5 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, Galambine offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($890K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -27.3% year-on-year.