Suburb Profile Report for Boomerang Beach NSW (2428)

Boomerang Beach House: Median price $580,000, Annual capital growth N/A, Number of sales 16, Weekly median advertised rent N/A

Boomerang Beach Unit: Median price $407,500, Annual capital growth 14.79%, Number of sales 28, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 18.97% for the last year, Boomerang Beach, 2428 is the 475th highest performer in Australia in this respect.

Across a shorter period, Boomerang Beach, 2428 has seen a median price increase of 31.82% over the last quarter.

Property investors who have had real estate in Boomerang Beach, 2428 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.79%

Over the longer term, Boomerang Beach has seen property prices show investors a 7.24% return over the last 3 years. This is an improvement over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.12% offered to property buyers. Sellers in Boomerang Beach itself are offering an average vendor discount of -4.22% to real estate investors.

Residents and property investors in Boomerang Beach have been waiting around 116 days to sell a property.

Metrics i HOUSE UNIT
$580,000 $407,500
31.82% 6.54%
18.97% 14.79%
N/A 14.79%
N/A N/A
16 28
N/A N/A
N/A 116

Source: CoreLogic

DSR Score for property investment : Balanced (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