Suburb Profile Report for Bomaderry NSW (2541)

Bomaderry House: Median price $395,000, Annual capital growth 5.09%, Number of sales 137, Weekly median advertised rent $348

Bomaderry Unit: Median price $287,000, Annual capital growth 5.00%, Number of sales 38, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Bomaderry 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 12.86%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bomaderry has increased when compared to the 5 year average annual rate.

The most recent median price for Bomaderry is $395000, with sellers offering an average of -3.31% off the asking price.

Often selling an investment property can take time, and in Bomaderry the average time real estate has been on the market is 65.35 days.

At number 63th in the list of Australian suburbs ordered by increase in median house value over the last year, Bomaderry, 2541 is in the top 10% with a property value increase of 24.78% recorded in median house prices.

Comparing Bomaderry,2541 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Bomaderry is giving property investors an average Vendor Discount of around -2.21%. This puts suburb at number 437th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

With the median price for a house in Bomaderry being $287000 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 4.98%

Metrics i HOUSE UNIT
$395,000 $287,000
2.93% -0.35%
12.86% 24.78%
5.09% 5.00%
$348 $275
137 38
4.57% 4.98%
65.35 58.72

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 6566
Median household income ($/weekly) 812
Median age of persons 43
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 769 11.7
    35-44 years 740 11.3
    45-54 years 848 12.9
    55-64 years 945 14.4
    65-74 years 751 11.4
    Others 2513 38.3
    Age Group
    Census Count Percent(%)
    Registered Married 2271 45.8
    Not Married 2210 44.6
    Defacto Relationship 479 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5476 87.7
    Greece 40 0.6
    Papua New Guinea 64 1.0
    United Kingdom 392 6.3
    Other 91 1.5
    Others 181 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 1.0
    Christianity 4704 78.5
    Hinduism 8 0.1
    Other Religious Groups 27 0.5
    No Religion 1185 19.8
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 279 11.4
    $400-$599 419 17.1
    $600-$799 355 14.4
    $800-$999 284 11.6
    $1,000-$1,249 236 9.6
    Others 884 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2426 46.4
    Employed, worked full-time 1443 27.6
    Employed, worked part-time 922 17.6
    Unemployed, looking for work 244 4.7
    Employed, away from work 190 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 378 14.8
    Technicians & trades workers 440 17.2
    Community & personal service workers 346 13.6
    Clerical & administrative workers 347 13.6
    Labourers 301 11.8
    Others 741 29.0
    Occupation
    Census Count Percent(%)
    Pre-school 131 9.3
    Infants/Primary 445 31.4
    Secondary 432 30.5
    Technical or Further Educational Institution 232 16.4
    University or other Tertiary Institutions 142 10.0
    Others 34 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5295 85.3
    Flat, unit or apartment 449 7.2
    Semi-detached, row or terrace house, townhouse 400 6.4
    Caravan, cabin, houseboat 52 0.8
    House or flat attached to a shop, office 15 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1008 38.4
    Rented 851 32.4
    Being purchased 761 29.0
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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