Suburb Profile Report for Boambee East NSW (2452)

Boambee East House: Median price $500,000, Annual capital growth 4.50%, Number of sales 102, Weekly median advertised rent $430

Boambee East Unit: Median price $360,000, Annual capital growth 1.97%, Number of sales 15, Weekly median advertised rent $360

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 4.17% for the last 12 months, Boambee East, 2452 has performed for property investments than its average annual 4.50% property growth over the last 5 years.

While Boambee East,2452 ranked number 873th in NSW for increase in median house value (annualised) increase, it is ranked 403th over the last 5 years.

Vendor discounting in Boambee East is giving property investors an average Vendor Discount of around -5.27%. This puts suburb at number 590th in NSW when ranking the most discounted suburbs.

At number 2499 in a list of fastest selling suburbs, Boambee East is in the bottom 40% of suburbs in Australia with an average of days on market 90.5059 for properties listed there.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.50%, investors should hope to achieve an overall return of 4.47%

Property value increases in Boambee East have tracked just higher than the NSW average of 0.04% over the last 12 months.

Boambee East,2452 was ranked 443 in Australia by increase in median property value over the quarter.

Boambee East, 2452’s gross rental yield is 5.20%

Metrics i HOUSE UNIT
$500,000 $360,000
0.00% 2.56%
4.17% 4.35%
4.50% 1.97%
$430 $360
102 15
4.47% 5.20%
90.5058823529412 86.5454545454545

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5446
Median household income ($/weekly) 1018
Median age of persons 38
Median housing loan repayment ($/monthly) 1560
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 840 15.4
    25-34 years 548 10.1
    35-44 years 731 13.4
    45-54 years 808 14.8
    55-64 years 657 12.1
    Others 1863 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 2024 51.8
    Not Married 1485 38.0
    Defacto Relationship 398 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4685 89.3
    Greece 29 0.6
    Papua New Guinea 80 1.5
    United Kingdom 226 4.3
    Other 84 1.6
    Others 145 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 0.9
    Christianity 3808 75.6
    Hinduism 9 0.2
    Other Religious Groups 30 0.6
    No Religion 1135 22.5
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 261 14.7
    $600-$799 246 13.9
    $800-$999 188 10.6
    $1,000-$1,249 212 12.0
    $1,500-$1,999 218 12.3
    Others 647 36.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1524 37.4
    Employed, worked full-time 1352 33.2
    Employed, worked part-time 880 21.6
    Unemployed, looking for work 175 4.3
    Employed, away from work 147 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 377 15.9
    Technicians & trades workers 306 12.9
    Community & personal service workers 293 12.4
    Clerical & administrative workers 375 15.8
    Sales 342 14.4
    Others 678 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 107 7.4
    Infants/Primary 531 36.8
    Secondary 464 32.2
    Technical or Further Educational Institution 174 12.1
    University or other Tertiary Institutions 141 9.8
    Others 25 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4738 91.2
    Semi-detached, row or terrace house, townhouse 346 6.7
    Caravan, cabin, houseboat 69 1.3
    Flat, unit or apartment 42 0.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 769 39.7
    Fully owned 636 32.8
    Rented 526 27.2
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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