Suburb Profile Report for Boorowa NSW (2586)

Boorowa House: Median price $235,000, Annual capital growth 5.58%, Number of sales 39, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Boorowa has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.05% to date .

Taking the average capital gain, or increase in median house value, Boorowa,2586 has racked up an average of 8.05% over the period. This ranks it number 998th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Boorowa 2586 should be seeing an average reduction in asking price of around -7.76% . This means that Boorowa is holding prices well when compared to other suburbs in NSW.

At number 3213 in a list of fastest selling suburbs, Boorowa is in the bottom 20% of suburbs in Australia with an average of days on market 123.43 for properties listed there.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 5.58%.

HOUSE UNIT
$235,000 N/A
N/A N/A
8.05% N/A
5.58% N/A
$250 N/A
39 N/A
5.53% N/A
123.43 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1618
Median household income ($/weekly) 771
Median age of persons 45
Median housing loan repayment ($/monthly) 899
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 211 13.0
    35-44 years 187 11.6
    45-54 years 220 13.6
    55-64 years 236 14.6
    65-74 years 197 12.2
    Others 567 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 595 52.0
    Not Married 455 39.7
    Defacto Relationship 95 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1478 95.3
    Croatia 6 0.4
    Papua New Guinea 12 0.8
    United Kingdom 37 2.4
    Other 9 0.6
    Others 9 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1345 88.7
    No Religion 161 10.6
    Buddhism 7 0.5
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 14.0
    $400-$599 95 16.3
    $600-$799 75 12.8
    $800-$999 50 8.6
    $1,500-$1,999 65 11.1
    Others 217 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 529 42.4
    Employed, worked full-time 402 32.2
    Employed, worked part-time 230 18.4
    Employed, away from work 61 4.9
    Unemployed, looking for work 27 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 24.7
    Professionals 79 11.3
    Technicians & trades workers 97 13.9
    Community & personal service workers 77 11.0
    Labourers 99 14.2
    Others 173 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.9
    Infants/Primary 134 39.5
    Secondary 127 37.5
    Technical or Further Educational Institution 28 8.3
    University or other Tertiary Institutions 24 7.1
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1405 95.7
    Semi-detached, row or terrace house, townhouse 40 2.7
    Flat, unit or apartment 5 0.3
    Caravan, cabin, houseboat 7 0.5
    House or flat attached to a shop, office 8 0.5
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 315 50.1
    Being purchased 167 26.6
    Rented 140 22.3
    Other tenure type 7 1.1
    Tenure Type
Census 2011, ABS
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