Binnaway is a close-knit residential community in New South Wales within the Warrumbungle Shire local government area (postcode 2395). It is home to about 658 residents, with an older-leaning population and a median age of 54. Households earn a median income of $41K per year, with an average household size of 2 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in Binnaway stand at $173,000, having dropped significantly by 16.3% over the last twelve months. The current median weekly rent is $160. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $585.
Binnaway is served by 1 school, including 1 combined. The average ICSEA score is 815, which is well below the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,585 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.8% (moderate yield). Property prices sit below the state median ($173K/$1.5M), which can point to relative value. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -16.3% year-on-year.