Pan Ban is a quiet locality in New South Wales within the Wentworth local government area (postcode 2648). With a population of 38, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $182K per year, with an average household size of 3.3 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English.
The median house price in Pan Ban is $5.7 million, having surged 59.6% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 0.3%.
The crime rate in the Wentworth LGA is moderate at 5,817 incidents per 100,000 population.
From an investment perspective, Pan Ban offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($5.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.3x is considered stretched. House prices have moved +59.6% year-on-year.
Pan Ban is a quiet locality in New South Wales within the Wentworth local government area (postcode 2648). With a population of 38, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $182K per year, with an average household size of 3.3 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English.
The median house price in Pan Ban is $5.7 million, having surged 59.6% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 0.3%.
The crime rate in the Wentworth LGA is moderate at 5,817 incidents per 100,000 population.
From an investment perspective, Pan Ban offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($5.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.3x is considered stretched. House prices have moved +59.6% year-on-year.