Binalong, NSW

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Livability Index
109.4
What's this?

Population: 465

House Growth Prediction (per annual): 34%, 47th out of 5061

Unit Growth Prediction (per annual): 26%, 13th out of 2987

Keywords: Low Population Density, Nature, Well Educated, Volunteer, Agriculture

Basics

Binalong is a local community with population 465, and the population growth over the past decade is -8.16%. It has an average income $50,791.33 per annum. It has 92.9% of population who only speak English at home. Other top languages include Dutch. Unemployment rate in Binalong is 2% while people work as professionals is 21.5%. Binalong has 0 Coles stores and 0 Woolworth stores. Its population density is 0.09 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Binalong has Socio-Economic raw score 986.2 while the average score across Australia is 1000. Therefore, Binalong has disadvantage in terms of Socio-Economic measure. It obtains relative score 45 out of 100 across Australia, while relative score 44 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. Binalong has a livability index 105.5, which is higher than average 100 across Australia. It ranks 1,505th 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 22.3% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Binalong has a higher than average growth expectation. It ranks 7,525th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Binalong is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Binalong 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 NA the attractiveness of Binalong, 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 Binalong, which obtains score of 55.6 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Binalong has a NA than average score, which is NA out of 100. NA to primary school, secondary school has worse than average score, which is 32.3 out of 100.

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Binalong, NSW smart rating was calculated by GeoIndex Australia.

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