Suburb Profile Report for Boomerang Beach NSW (2428)

Boomerang Beach House: Median price $505,000, Annual capital growth 18.67%, Number of sales 13, Weekly median advertised rent N/A

Boomerang Beach Unit: Median price $367,500, Annual capital growth 2.31%, Number of sales 27, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Boomerang Beach has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -17.21%

On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.

Investment property in Boomerang Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 38.16%

If we look at median property appreciation over just the last three months, Boomerang Beach has given property investors a paper return of 6.52%. This puts Suburb as 72 on a list of fastest fasting appreciating suburbs in NSW

Metrics i HOUSE UNIT
$505,000 $367,500
3.59% 6.52%
-17.21% 38.16%
18.67% 2.31%
N/A N/A
13 27
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 434
Median household income ($/weekly) 894
Median age of persons 51
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 51 11.7
    35-44 years 45 10.3
    45-54 years 60 13.8
    55-64 years 87 20.0
    65-74 years 68 15.6
    Others 124 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 169 57.3
    Not Married 107 36.3
    Defacto Relationship 19 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 349 87.7
    New Zealand 6 1.5
    Papua New Guinea 6 1.5
    United Kingdom 19 4.8
    Other 6 1.5
    Others 12 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 280 72.2
    No Religion 98 25.3
    Buddhism 7 1.8
    Other Religious Groups 3 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 17 10.8
    $400-$599 28 17.8
    $600-$799 21 13.4
    $800-$999 16 10.2
    $1,000-$1,249 20 12.7
    Others 55 35.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 168 49.1
    Employed, worked part-time 77 22.5
    Employed, worked full-time 72 21.1
    Unemployed, looking for work 15 4.4
    Employed, away from work 10 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 35 21.5
    Professionals 27 16.6
    Technicians & trades workers 20 12.3
    Clerical & administrative workers 21 12.9
    Labourers 22 13.5
    Others 38 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 6 8.3
    Infants/Primary 34 47.2
    Secondary 15 20.8
    Technical or Further Educational Institution 6 8.3
    Other type of educational institution 6 8.3
    Others 5 6.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 254 68.8
    Semi-detached, row or terrace house, townhouse 87 23.6
    Flat, unit or apartment 22 6.0
    Caravan, cabin, houseboat 3 0.8
    House or flat attached to a shop, office 3 0.8
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 82 48.5
    Rented 56 33.1
    Being purchased 31 18.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals