Binnaway NSW 2395

Here you can find what you need to know about Binnaway, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$115k Median Sale Price (National Average $485k) 2993rd In NSW
-1.71% Median Price Change (1 yr) (National Average 4.30%) 3186th In NSW
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Properties sold 20
Average discounting -11.40%
Average Days on Market 118
Stock on Market 1 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Binnaway, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Binnaway, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Binnaway, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Binnaway


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State Auction Clearance Rates - March 2019

Auctions Clearance rate
NSW 495 62%
ACT 60 56%
NT 12 80%
QLD 116 31%
SA 112 48%
TAS 5 33%
VIC 797 58%
WA 42 56%

Local Schools


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Suburb Information

Binnaway, NSW 2395

Part of: Warrumbungle Council No data available

The size of Binnaway is approximately 476.3 square kilometres. It has 3 parks. The population of Binnaway in 2011 was 780 people. By 2016 the population was 606 showing a population decline of 22.3% in the area during that time. The predominant age group in Binnaway is 60-69 years. Households in Binnaway are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Binnaway work in a managers occupation. In 2011, 71.1% of the homes in Binnaway were owner-occupied compared with 71.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Binnaway

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Binnaway   for Houses in last 12 months

Streets in Binnaway


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