Wedge Court

Binalong Bay TAS 7216

The size of Binalong Bay is approximately 45.1 square kilometres. It has 3 parks covering nearly 88.2% of total area. The population of Binalong Bay in 2011 was 209 people. By 2016 the population was 288 showing a population growth of 37.8% in the area during that time. The predominant age group in Binalong Bay is 60-69 years. Households in Binalong Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Binalong Bay work in a professional occupation. In 2011, 81.4% of the homes in Binalong Bay were owner-occupied compared with 77.1% in 2016.

Binalong Bay has 553 properties. Over the last 5 years, Houses in Binalong Bay have seen a 95.23% increase in median value, while Units have seen a 80.67% increase. As at 31 August 2024:

• The median value for Houses in Binalong Bay is $534,081 while the median value for Units is $461,428.
• Houses have a median rent of $435.