Paytens Bridge is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 109, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $143K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Paytens Bridge is $6.0 million, having surged 27.9% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $2,700.
Public transport access includes 13 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Paytens Bridge offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($6.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 42.2x is considered stretched. House prices have moved +27.9% year-on-year.
Paytens Bridge is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 109, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $143K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Paytens Bridge is $6.0 million, having surged 27.9% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $2,700.
Public transport access includes 13 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Paytens Bridge offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($6.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 42.2x is considered stretched. House prices have moved +27.9% year-on-year.