Suburb Profile Report for Boorooma NSW (2650)

Boorooma House: Median price $419,500, Annual capital growth 1.83%, Number of sales 55, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report

Investment property in Boorooma has done pretty 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 -0.18%

When looking at the potential capital gains offered to property investors over the last 3 years, Boorooma comes in at number 1261th in NSW.

Vendor discounting in Boorooma is giving property investors an average Vendor Discount of around -2.13%. This puts suburb at number 1174th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $460 and the average annual increase in value of a median property of 1.83%, investors should hope to achieve an overall return of 5.70%

Metrics i HOUSE UNIT
$419,500 N/A
-0.18% N/A
-0.18% N/A
1.83% N/A
$460 N/A
55 N/A
5.70% N/A
143.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 113
Median household income ($/weekly) 974
Median age of persons 37
Median housing loan repayment ($/monthly) 1600
Average household size 2.6
  • Census Count Percent(%)
    20-24 years 11 9.9
    25-34 years 26 23.4
    35-44 years 10 9.0
    55-64 years 18 16.2
    65-74 years 10 9.0
    Others 36 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 51 62.2
    Not Married 22 26.8
    Defacto Relationship 9 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 93 87.7
    Other 7 6.6
    Philippines 6 5.7
    Bosnia and Herzegovina 0 0.0
    Canada 0 0.0
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 80 84.2
    No Religion 12 12.6
    Islam 3 3.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1-$199 3 10.0
    $400-$599 4 13.3
    $600-$799 4 13.3
    $800-$999 4 13.3
    $1,500-$1,999 6 20.0
    Others 9 30.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 39 42.4
    Not in the labour force 28 30.4
    Employed, worked part-time 18 19.6
    Employed, away from work 7 7.6
    Unemployed, looking for work 0 0.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 9 14.1
    Professionals 26 40.6
    Technicians & trades workers 12 18.8
    Community & personal service workers 6 9.4
    Clerical & administrative workers 8 12.5
    Others 3 4.7
    Occupation
    Census Count Percent(%)
    University or other Tertiary Institutions 13 48.1
    Infants/Primary 6 22.2
    Secondary 4 14.8
    Other type of educational institution 4 14.8
    Pre-school 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 100 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 14 42.4
    Rented 10 30.3
    Fully owned 9 27.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals