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Suburb Insights ยท NSW 2420

Bandon Grove 2420, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bandon Grove is a regional centre in New South Wales, Australia, with a population of approximately 135, making it a boutique locality. Located approximately 184 km from the Sydney CBD, Bandon Grove is a regional area in New South Wales. The median household income is $84,448 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Household incomes in Bandon Grove sit in a comfortable mid-range for the New South Wales market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Bandon Grove, New South Wales, Australia.

Key Indicators

Postcode
2420

Official Australia Post postcode for Bandon Grove. A postcode may cover multiple suburbs.

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Population
135

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$272/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$84,448/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
184 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,275/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
49% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Bandon Grove serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $272/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,275/month. The median household income of $84,448/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Bandon Grove offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Achieving strong cash flow in Bandon Grove is challenging at current rent-to-price ratios.

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Renovation / Flip

Limited buyer depth in Bandon Grove makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Bandon Grove property

Full Property Analysis

30-year projections for Bandon Grove

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Bandon Grove faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Landlords in Bandon Grove may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Bandon Grove is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Bandon Grove a good suburb for investment?

Bandon Grove is a regional area in New South Wales with a population of 135. The median rent is $272/week and the median household income is $84,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Bandon Grove?

Key demand drivers in Bandon Grove include regional employment hubs, lifestyle, and affordability. 49% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bandon Grove?

According to the ABS 2021 Census, Bandon Grove has a population of approximately 135. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bandon Grove from the Sydney CBD?

Bandon Grove is approximately 184 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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