Bombowlee (postcode 2720) is a quiet locality in New South Wales within the Snowy Valleys local government area. The area has roughly 291 residents and an older-leaning population, with a median age of 51. Households earn a median income of $94K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. 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 technicians & trades, managers, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Bombowlee has a median house price of $1.2 million, which has jumped by 11.8% year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,911.
Public transport access includes 21 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,370 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.1% (low yield). Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.6x is considered stretched. House prices have moved +11.8% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.