South Bowenfels is a small community in New South Wales within the Lithgow local government area (postcode 2790). With a population of 1,326, the suburb has a mature demographic with a median age of 48. Households earn a median income of $84K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in South Bowenfels is $840,000, having declined 4% over the past year. Units have a median price of $510,000 (+7.5% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 21 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, South Bowenfels offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($840K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered stretched. House prices have moved -4.0% year-on-year.
South Bowenfels is a small community in New South Wales within the Lithgow local government area (postcode 2790). With a population of 1,326, the suburb has a mature demographic with a median age of 48. Households earn a median income of $84K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in South Bowenfels is $840,000, having declined 4% over the past year. Units have a median price of $510,000 (+7.5% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 21 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, South Bowenfels offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($840K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered stretched. House prices have moved -4.0% year-on-year.