Gidginbung is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 69, the suburb has an established demographic with a median age of 38. Households earn a median income of $94K per year, with an average household size of 3.1 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Gidginbung is $825,000, having dropped significantly 61% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,101.
Public transport access includes 3 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.
From an investment perspective, Gidginbung offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($825K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved -61.0% year-on-year.
Gidginbung is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 69, the suburb has an established demographic with a median age of 38. Households earn a median income of $94K per year, with an average household size of 3.1 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Gidginbung is $825,000, having dropped significantly 61% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,101.
Public transport access includes 3 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.
From an investment perspective, Gidginbung offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($825K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved -61.0% year-on-year.