Suburb Profile Report for Bowen Mountain NSW (2753)

Bowen Mountain House: Median price $585,000, Annual capital growth 4.49%, Number of sales 40, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Investment property in Bowen Mountain has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.04%

The five-year average increase in median property values for Bowen Mountain,2753 has given property investors a potential capital gain of 55.17% across each of those five years.

Our latest figures would indicate that property sellers in Bowen Mountain are currently offering property investors an average price cut of -6.79% below the asking price at the moment.

At number 2382 in a list of fastest selling suburbs, Bowen Mountain is in the bottom 40% of suburbs in Australia with an average of days on market 94.16 for properties listed there.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 4.49%.

HOUSE UNIT
$585,000 N/A
7.34% N/A
13.04% N/A
4.49% N/A
$450 N/A
40 N/A
4.00% N/A
94.16 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 1458
Median household income ($/weekly) 1574
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    5-14 years 267 18.3
    25-34 years 161 11.0
    35-44 years 237 16.3
    45-54 years 241 16.5
    55-64 years 155 10.6
    Others 397 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 564 55.5
    Not Married 352 34.6
    Defacto Relationship 101 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1216 85.8
    Papua New Guinea 22 1.6
    South Africa 11 0.8
    United Kingdom 79 5.6
    Other 27 1.9
    Others 62 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 978 70.9
    No Religion 380 27.6
    Other Religious Groups 10 0.7
    Buddhism 8 0.6
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 34 8.0
    $1,000-$1,249 54 12.7
    $1,500-$1,999 61 14.4
    $2,000-$2,499 53 12.5
    $2,500-$2,999 41 9.6
    Others 182 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 521 49.0
    Not in the labour force 259 24.3
    Employed, worked part-time 216 20.3
    Employed, away from work 37 3.5
    Unemployed, looking for work 31 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 87 11.3
    Professionals 182 23.6
    Technicians & trades workers 132 17.1
    Community & personal service workers 90 11.7
    Clerical & administrative workers 106 13.7
    Others 175 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 18 4.5
    Infants/Primary 179 44.3
    Secondary 114 28.2
    Technical or Further Educational Institution 45 11.1
    University or other Tertiary Institutions 37 9.2
    Others 11 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1386 99.7
    Semi-detached, row or terrace house, townhouse 4 0.3
    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 305 63.8
    Fully owned 107 22.4
    Rented 62 13.0
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals