Bangalee, NSW

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Livability Index
97.2
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Population: 804

House Growth Prediction (per annual): 31%, 331th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Nature, Healthcare

Basics

Bangalee (NSW) is a local community with population 804, and the population growth over the past decade is -42.4%. It has an average income $41,091.67 per annum. It has 89.4% of population who only speak English at home. Other top languages include Dutch, German, Italian, Aboriginal English so described, French. Unemployment rate in Bangalee (NSW) is 6.7% while people work as professionals is 18.7%. Bangalee (NSW) has 2 Coles stores and 1 Woolworth stores. Its population density is 8.28 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bangalee (NSW) has Socio-Economic raw score 1083.4 while the average score across Australia is 1000. Therefore, Bangalee (NSW) has advantage in terms of Socio-Economic measure. It obtains relative score 89 out of 100 across Australia, while relative score 86 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Bangalee (NSW) has a livability index 100.8, which is higher than average 100 across Australia. It ranks 2,916th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 16.7% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bangalee (NSW) has a higher than average growth expectation. It ranks 6,276th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bangalee (NSW) is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bangalee (NSW) has a higher than average growth. It ranks NAth out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Bangalee (NSW), which obtains score of 95.8 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Bangalee (NSW), which obtains score of 85.8 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bangalee (NSW) has a worse than average score, which is 36.9 out of 100. Similar to to primary school, secondary school has worse than average score, which is 48.8 out of 100.

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Bangalee, NSW smart rating was calculated by GeoIndex Australia.

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