Middlingbank is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 22, the suburb has a mature demographic with a median age of 46. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian.
The median house price in Middlingbank is $737,000, having surged 35% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,750.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Middlingbank offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($737K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +35.0% year-on-year.
Middlingbank is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 22, the suburb has a mature demographic with a median age of 46. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian.
The median house price in Middlingbank is $737,000, having surged 35% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,750.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Middlingbank offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($737K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +35.0% year-on-year.