Newbridge is a quiet locality in New South Wales within the Blayney local government area (postcode 2795). With a population of 223, the suburb has a mature demographic with a median age of 54. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Newbridge is $270,000, having dropped significantly 25% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 10.2%. The median monthly mortgage repayment is $977.
Public transport access includes 9 bus stops. The crime rate in the Blayney LGA is below average at 2,047 incidents per 100,000 population.
From an investment perspective, Newbridge offers a gross rental yield of 10.2%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -25.0% year-on-year.
Newbridge is a quiet locality in New South Wales within the Blayney local government area (postcode 2795). With a population of 223, the suburb has a mature demographic with a median age of 54. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Newbridge is $270,000, having dropped significantly 25% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 10.2%. The median monthly mortgage repayment is $977.
Public transport access includes 9 bus stops. The crime rate in the Blayney LGA is below average at 2,047 incidents per 100,000 population.
From an investment perspective, Newbridge offers a gross rental yield of 10.2%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -25.0% year-on-year.