Yarrabandai is a quiet locality in New South Wales within the Forbes local government area (postcode 2875). With a population of 33, the suburb has an older demographic with a median age of 56. Households earn a median income of $58K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Yarrabandai is $1.0 million, having surged 23.8% over the past year. The current median weekly rent is $260. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Yarrabandai offers a gross rental yield of 1.3%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +23.8% year-on-year.
Yarrabandai is a quiet locality in New South Wales within the Forbes local government area (postcode 2875). With a population of 33, the suburb has an older demographic with a median age of 56. Households earn a median income of $58K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Yarrabandai is $1.0 million, having surged 23.8% over the past year. The current median weekly rent is $260. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Yarrabandai offers a gross rental yield of 1.3%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +23.8% year-on-year.