Suburb Profile Report for Boolaroo NSW (2284)

Boolaroo House: Median price $515,000, Annual capital growth 8.09%, Number of sales 20, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 32.05% for the last year, Boolaroo, 2284 is the 80th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Boolaroo comes in at number 455th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.23% offered to property buyers. Sellers in Boolaroo itself are offering an average vendor discount of -4.67% to real estate investors.

At number 194 in a list of fastest selling suburbs, Boolaroo is in the TOP 10% of suburbs in Australia with an average of days on market 33.57 for properties listed there.

Situated 108.57km from the CBD, Boolaroo is one of Lake Macquarie localities in the postcode 2284.

Metrics i HOUSE UNIT
$515,000 N/A
7.29% N/A
32.05% N/A
8.09% N/A
$380 N/A
20 N/A
3.84% N/A
33.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 933
Median household income ($/weekly) 919
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    25-34 years 124 13.3
    35-44 years 120 12.9
    45-54 years 128 13.7
    55-64 years 112 12.0
    65-74 years 99 10.6
    Others 350 37.5
    Age Group
    Census Count Percent(%)
    Not Married 364 49.4
    Registered Married 285 38.7
    Defacto Relationship 88 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 843 92.2
    Papua New Guinea 12 1.3
    Philippines 9 1.0
    United Kingdom 23 2.5
    Other 12 1.3
    Others 15 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 690 78.1
    No Religion 178 20.2
    Buddhism 9 1.0
    Australian Aboriginal Traditional Religions 3 0.3
    Other Religious Groups 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 43 12.2
    $400-$599 47 13.4
    $600-$799 50 14.2
    $1,000-$1,249 37 10.5
    $1,500-$1,999 39 11.1
    Others 136 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 321 42.1
    Employed, worked full-time 255 33.5
    Employed, worked part-time 126 16.5
    Employed, away from work 31 4.1
    Unemployed, looking for work 29 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 45 10.9
    Technicians & trades workers 93 22.6
    Clerical & administrative workers 62 15.1
    Machinery operators & drivers 45 10.9
    Labourers 59 14.4
    Others 107 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 19 10.8
    Infants/Primary 61 34.7
    Secondary 45 25.6
    Technical or Further Educational Institution 26 14.8
    University or other Tertiary Institutions 22 12.5
    Others 3 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 866 95.4
    Flat, unit or apartment 36 4.0
    House or flat attached to a shop, office 6 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 138 36.5
    Being purchased 132 34.9
    Rented 105 27.8
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals