Bingara, NSW

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Livability Index
90.2
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Population: 1335

House Growth Prediction (per annual): 5%, 5368th out of 5061

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

Keywords: Low Salary, Low Rent, Agriculture, Livestock, Big Area, Nature, Volunteer

Basics

Bingara is a local community with population 1,335, and the population growth over the past decade is 8.92%. It has an average income $35,396 per annum. It has 96.6% of population who only speak English at home. Other top languages include Hindi, Cantonese, German. Unemployment rate in Bingara is 6.1% while people work as professionals is 11.3%. Bingara has 0 Coles stores and 0 Woolworth stores. Its population density is 0.17 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bingara has Socio-Economic raw score 861.3 while the average score across Australia is 1000. Therefore, Bingara has disadvantage in terms of Socio-Economic measure. It obtains relative score 7 out of 100 across Australia, while relative score 6 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. Bingara has a livability index 89.4, which is lower than average 100 across Australia. It ranks 6,691th 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 8.8% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bingara has a higher than average growth expectation. It ranks 3,940th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bingara is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bingara 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 Bingara, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school hurt the attractiveness of Bingara, which obtains score of 44 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bingara 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 31.5 out of 100.

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Bingara, NSW smart rating was calculated by GeoIndex Australia.

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