Milbrulong is a quiet locality in New South Wales within the Lockhart local government area (postcode 2656). With a population of 119, the suburb has a mature demographic with a median age of 49. Households earn a median income of $60K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Milbrulong is $845,000, having surged 165% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $514.
Public transport access includes 7 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Milbrulong offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($845K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +165.0% year-on-year.
Milbrulong is a quiet locality in New South Wales within the Lockhart local government area (postcode 2656). With a population of 119, the suburb has a mature demographic with a median age of 49. Households earn a median income of $60K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Milbrulong is $845,000, having surged 165% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $514.
Public transport access includes 7 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Milbrulong offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($845K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +165.0% year-on-year.