Bangalow, NSW

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Livability Index
88.6
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Population: 1902

House Growth Prediction (per annual): 27%, 776th out of 5061

Unit Growth Prediction (per annual): 20%, 483th out of 2987

Keywords: Nature, Well Educated, Professional, Volunteer, Agriculture, Real Estate, Investment, High Rent

Basics

Bangalow is a local community with population 1,902, and the population growth over the past decade is 29.9%. It has an average income $38,452.67 per annum. It has 93% of population who only speak English at home. Other top languages include Punjabi, Japanese, Dutch, Italian, Spanish. Unemployment rate in Bangalow is 7.3% while people work as professionals is 26.1%. Bangalow has 0 Coles stores and 0 Woolworth stores. Its population density is 10.74 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bangalow has Socio-Economic raw score 1012 while the average score across Australia is 1000. Therefore, Bangalow has advantage in terms of Socio-Economic measure. It obtains relative score 58 out of 100 across Australia, while relative score 57 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. Bangalow has a livability index 91, which is lower than average 100 across Australia. It ranks 6,324th out of 8,530 suburbs across Australia. Therefore, it is a suburb less 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 18.7% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bangalow has a higher than average growth expectation. It ranks 7,061th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Bangalow is predicted to grow by 10.3% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bangalow has a lower than average growth. It ranks 3,910th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Bangalow, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Bangalow, which obtains score of 93.4 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bangalow has a NA than average score, which is NA out of 100. NA to primary school, secondary school has better than average score, which is 86.6 out of 100.

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Bangalow, NSW smart rating was calculated by GeoIndex Australia.

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