Barellan

Barellan, NSW is a small and peaceful suburb with a population of 459 residents. The majority of residents fall within the age groups of 5 to 64 years, indicating a family-friendly community. The suburb has a low social housing ratio and offers a median household income that aligns with the national average. Barellan has a high proportion of residents commuting by motor vehicle, with a notable number also choosing to walk or work from home. The educational advantage of students in government schools is moderate, with an ICSEA percentile of 16.0. For property investors interested in houses, Barellan presents a good opportunity with a high yield median of 11.0% and a median growth rate of 14.3%. The suburb's sale price IQR ratio suggests potential for renovations, attracting buyers looking to add value. With a low stock on market rate and a relatively high online search interest, there is a possibility for future capital growth in the housing market. There is limited data available for units, hence investors may find more opportunities in the house market. Barellan, NSW offers a quiet and family-oriented lifestyle with good investment potential, particularly for those looking to enter the housing market. The suburb's affordability and rental yield make it attractive for both homebuyers and investors. With its stable population and moderate educational facilities, Barellan presents a promising opportunity for those seeking a tranquil living environment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022