Old Bonalbo is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 73, the suburb has an older demographic with a median age of 56. Households earn a median income of $35K per year, with an average household size of 2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Old Bonalbo is $290,000, having declined 5.8% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 8.8%. The median monthly mortgage repayment is $824.
Old Bonalbo is served by 1 school, including 1 primary. The average ICSEA score is 776, which is well below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Old Bonalbo offers a gross rental yield of 8.8%, rated as high yield. Property prices sit below the state median ($290K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved -5.8% year-on-year.
Old Bonalbo is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 73, the suburb has an older demographic with a median age of 56. Households earn a median income of $35K per year, with an average household size of 2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Old Bonalbo is $290,000, having declined 5.8% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 8.8%. The median monthly mortgage repayment is $824.
Old Bonalbo is served by 1 school, including 1 primary. The average ICSEA score is 776, which is well below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Old Bonalbo offers a gross rental yield of 8.8%, rated as high yield. Property prices sit below the state median ($290K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved -5.8% year-on-year.