Pangee is a quiet locality in New South Wales within the Bogan local government area (postcode 2825). With a population of 21, the suburb has a mature demographic with a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are Australian, German.
The median house price in Pangee is $3.5 million, having surged 489.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 0.7%.
Public transport access includes 2 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Pangee offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 48.3x is considered stretched. House prices have moved +489.7% year-on-year.
Pangee is a quiet locality in New South Wales within the Bogan local government area (postcode 2825). With a population of 21, the suburb has a mature demographic with a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are Australian, German.
The median house price in Pangee is $3.5 million, having surged 489.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 0.7%.
Public transport access includes 2 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Pangee offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 48.3x is considered stretched. House prices have moved +489.7% year-on-year.