Suburb Profile Report for Bourkelands NSW (2650)

Bourkelands House: Median price $390,000, Annual capital growth 1.92%, Number of sales 58, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Bourkelands is in the bottom 20% in NSW when comparing median price capital growth over the last year. Bourkelands gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.26%.

The five-year average increase in median property values for Bourkelands,2650 has given property investors a potential capital gain of -0.76% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Bourkelands is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 1018th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Bourkelands the average time real estate has been on the market is 83.85 days.

Advertised rents are around the $380 mark per week – giving a return of 5.07% based on the median price in Suburb

HOUSE UNIT
$390,000 N/A
0.00% N/A
0.26% N/A
1.92% N/A
$380 N/A
58 N/A
5.07% N/A
83.85 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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