Ganbenang is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 109, the suburb has an older demographic with a median age of 57. Households earn a median income of $102K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Ganbenang is $584,000, having dropped significantly 63.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,167.
Public transport access includes 6 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Ganbenang offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($584K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -63.5% year-on-year.
Ganbenang is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 109, the suburb has an older demographic with a median age of 57. Households earn a median income of $102K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Ganbenang is $584,000, having dropped significantly 63.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,167.
Public transport access includes 6 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Ganbenang offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($584K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -63.5% year-on-year.