Little Billabong is a small, quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). The area has roughly 146 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $111K per year, with an average household size of 2.6 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, clerical & administrative. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Scottish.
The median house price in Little Billabong is $350,000, having fallen sharply by 48.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $367.
Public transport access includes 14 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,298 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 5.6%, which reads as high yield. Property prices sit below the state median ($350K/$1.5M), which can point to relative value. The price-to-income ratio of 3.2x is considered affordable. House prices have moved -48.1% year-on-year.