Suburb Profile Report for Boorowa NSW (2586)

Boorowa House: Median price $255,000, Annual capital growth 5.50%, Number of sales 26, Weekly median advertised rent $260

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Boorowa, 2586 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.08%.

The five-year average increase in median property values for Boorowa,2586 has given property investors a potential capital gain of 27.50% across each of those five years.

Our latest figures would indicate that property sellers in Boorowa are currently offering property investors an average price cut of -7.37% below the asking price at the moment.

On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.

Renters in Suburb are facing rents around $13520 per annum or $260 every week.

Metrics i HOUSE UNIT
$255,000 N/A
2.00% N/A
4.08% N/A
5.50% N/A
$260 N/A
26 N/A
5.30% N/A
144.071428571429 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 1618
Median household income ($/weekly) 771
Median age of persons 45
Median housing loan repayment ($/monthly) 899
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 211 13.0
    35-44 years 187 11.6
    45-54 years 220 13.6
    55-64 years 236 14.6
    65-74 years 197 12.2
    Others 567 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 595 52.0
    Not Married 455 39.7
    Defacto Relationship 95 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1478 95.3
    Croatia 6 0.4
    Papua New Guinea 12 0.8
    United Kingdom 37 2.4
    Other 9 0.6
    Others 9 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1345 88.7
    No Religion 161 10.6
    Buddhism 7 0.5
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 14.0
    $400-$599 95 16.3
    $600-$799 75 12.8
    $800-$999 50 8.6
    $1,500-$1,999 65 11.1
    Others 217 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 529 42.4
    Employed, worked full-time 402 32.2
    Employed, worked part-time 230 18.4
    Employed, away from work 61 4.9
    Unemployed, looking for work 27 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 24.7
    Professionals 79 11.3
    Technicians & trades workers 97 13.9
    Community & personal service workers 77 11.0
    Labourers 99 14.2
    Others 173 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.9
    Infants/Primary 134 39.5
    Secondary 127 37.5
    Technical or Further Educational Institution 28 8.3
    University or other Tertiary Institutions 24 7.1
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1405 95.7
    Semi-detached, row or terrace house, townhouse 40 2.7
    Flat, unit or apartment 5 0.3
    Caravan, cabin, houseboat 7 0.5
    House or flat attached to a shop, office 8 0.5
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 315 50.1
    Being purchased 167 26.6
    Rented 140 22.3
    Other tenure type 7 1.1
    Tenure Type
Census 2011, ABS
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