Suburb Profile Report for Bourkelands NSW (2650)

Bourkelands House: Median price $405,000, Annual capital growth 2.43%, Number of sales 53, Weekly median advertised rent $388

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

Source: CoreLogic

  • House Report

At number 2219th in the list of Australian suburbs ordered by increase in median house value over the last year, Bourkelands, 2650 is in the BOTTOM 50% with a property value increase of 3.85% recorded in median house prices.

A 6.58% growth in median value for property investors in Bourkelands,2650 puts this suburb at number 331th in terms of best performing suburbs in NSW

Bourkelands, 2650 is offering NSW ‘s 1014th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

A $387.5 per week rent on the median house gives suburb investors a gross yield of circa 4.98%, without taking into account capital value appreciation, which has been averaging out at 2.43%.

Metrics i HOUSE UNIT
$405,000 N/A
4.65% N/A
3.85% N/A
2.43% N/A
$388 N/A
53 N/A
4.98% N/A
99.74 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2298
Median household income ($/weekly) 1694
Median age of persons 33
Median housing loan repayment ($/monthly) 1800
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 249 10.8
    5-14 years 392 17.1
    25-34 years 318 13.8
    35-44 years 394 17.2
    45-54 years 267 11.6
    Others 677 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 946 61.5
    Not Married 449 29.2
    Defacto Relationship 142 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2021 90.4
    Papua New Guinea 14 0.6
    South Africa 33 1.5
    United Kingdom 38 1.7
    Other 38 1.7
    Others 91 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1904 86.5
    No Religion 268 12.2
    Hinduism 12 0.5
    Buddhism 11 0.5
    Islam 7 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 62 9.0
    $1,000-$1,249 51 7.4
    $1,500-$1,999 130 18.8
    $2,000-$2,499 99 14.3
    $2,500-$2,999 99 14.3
    Others 249 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 820 50.5
    Not in the labour force 388 23.9
    Employed, worked part-time 321 19.8
    Employed, away from work 61 3.8
    Unemployed, looking for work 35 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 147 12.3
    Professionals 270 22.5
    Technicians & trades workers 210 17.5
    Community & personal service workers 139 11.6
    Clerical & administrative workers 166 13.8
    Others 268 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 70 9.7
    Infants/Primary 269 37.4
    Secondary 185 25.7
    Technical or Further Educational Institution 89 12.4
    University or other Tertiary Institutions 90 12.5
    Others 17 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2165 98.8
    Flat, unit or apartment 17 0.8
    Semi-detached, row or terrace house, townhouse 10 0.5
    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 364 47.6
    Fully owned 202 26.4
    Rented 196 25.6
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals