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Bilambil Heights, NSW 2486

Home » NSW Real Estate Data » Tweed Shire Council, NSW » Bilambil Heights, NSW 2486

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Bilambil Heights, NSW 2486 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Bilambil Heights, NSW 2486”

  1. The total adult population (15 years or older) of Bilambil Heights 2486 NSW is 2,884, with a median age of 44. Of those, 45.94% are married, 14.42% are divorced or separated, 34.26% are single and 5.41% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,460. The median monthly mortgage repayment for households in this suburb is $1,901 which is 25.48% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the heart of NSW, BILAMBIL HEIGHTS 2486 is home to approximately 1526 households, presenting a vibrant mixture of homeowners and renters. As we navigated through Q3 2023, houses in this suburb engaged the property market with typical prices averaging $874,390. The median weekly rental achieving $769 offers an enticing indicative yield of 4.57%. This exceeds the minimum market requirement of 3%, aligning this suburb strongly with cashflow-centred property investors.

    Amongst the array of housing data, BILAMBIL HEIGHTS secures a promising IRSAD score of 989 out of 1217, signalling a healthy socio-economic status within the region. Investors and potential homeowners will also delight in the low renter to owner ratio of 16%, indicating the market is not over-saturated with rental properties. This supports long-term return prospects and offers less competition with other property investors.

    Equally encouraging is the units to houses ratio, standing at only 5%. This low-level figure offers less competition among landlords for tenants while also suggesting the attraction of longer-tenancy families.

    However, the affordability index suggests that houses in BILAMBIL HEIGHTS require an estimated 46 years to fully own a property. This exceeds the standard 30-year mortgage and might be seen as a sign of decreased affordability.

    Contributing to local property liquidity, the stock on the market for houses was recorded at 0.56% in this quarter. This falls within the neutral range, with market supply neither excessively high nor abnormally low. The suburb’s building approvals ratio for houses rested at 0%, pointing to low supply of new dwelling stock.

    Inventory levels for houses average 1.68 months, highlighting a favourable low-supply market. Furthermore, the average time houses stay on the market was recorded at 153 days. While this figure indicates a relatively longer period, it’s important to consider overall trends alongside this metric.

    The Vacancy Rate, integrating both houses and units, identifies at 3.31%, showing a neutral demand within the market. Finally, the buy search index for houses reads at 6, showcasing a high demand and positioning BILAMBIL HEIGHTS strongly within the property market.

    Keeping these indicators in mind, having a few metrics in the unfavourable range (e.g., affordability index, days on the market) doesn’t negate the overall attractiveness of the suburb if other metrics are favourable. It’s essential to assess the broader context and the specific investment strategy at hand—the RCS metric developed by HtAG Analytics can help streamline this analysis based on over 80 metrics.

    Engaging with all these facets, BILAMBIL HEIGHTS 2486 holds considerable appeal for property investors and potential homeowners taking a keen interest in Australian property markets. Our rich analysis provides you with important insights to make the most out of your real estate investment journey.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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