Suburb Profile Report for Boorowa NSW (2586)

Boorowa House: Median price $237,500, Annual capital growth 5.53%, Number of sales 38, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Boorowa has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.95% to date .

Taking the average capital gain, or increase in median house value, Boorowa,2586 has racked up an average of 7.95% over the period. This ranks it number 1341th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Boorowa, 2586. Typically our figures indicate that -8.09% is being offered, which puts this NSW suburb at 782th most discounted overall in Australia.

At number 3481 in a list of fastest selling suburbs, Boorowa is in the bottom 10% of suburbs in Australia with an average of days on market 138 for properties listed there.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 5.53%, investors should hope to achieve an overall return of 5.69%

Metrics i HOUSE UNIT
$237,500 N/A
-1.04% N/A
7.95% N/A
5.53% N/A
$260 N/A
38 N/A
5.69% N/A
138 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Boorowa NSW
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
Chart Table
Recent sales & rentals