Suburb Profile Report for Bourke NSW (2840)

Bourke House: Median price $100,000, Annual capital growth 7.75%, Number of sales 32, Weekly median advertised rent $270

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Bourke is an average performer in NSW when comparing median price capital growth over the last year. Bourke gave property investors a average capital gain figure when compared to the rest of the state, with 14.29%.

The five-year average increase in median property values for Bourke,2840 has given property investors a potential capital gain of -6.10% across each of those five years.

Our latest figures would indicate that property sellers in Bourke are currently offering property investors an average price cut of -12.14% below the asking price at the moment.

Often selling an investment property can take time, and in Bourke the average time real estate has been on the market is 202.944 days.

Using the current median advertised rental of $270 and the average annual increase in value of a median property of 7.75%, investors should hope to achieve an overall return of 14.04%

Metrics i HOUSE UNIT
$100,000 N/A
-3.61% N/A
14.29% N/A
7.75% N/A
$270 N/A
32 N/A
14.04% N/A
202.944444444444 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Poor (U), Below average (H)
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Demographics
Total population 2465
Median household income ($/weekly) 1099
Median age of persons 34
Median housing loan repayment ($/monthly) 867
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 397 16.1
    25-34 years 320 13.0
    35-44 years 353 14.3
    45-54 years 325 13.2
    55-64 years 266 10.8
    Others 805 32.6
    Age Group
    Census Count Percent(%)
    Not Married 659 44.9
    Registered Married 572 39.0
    Defacto Relationship 236 16.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1986 95.2
    Papua New Guinea 12 0.6
    United Kingdom 25 1.2
    United States of America 14 0.7
    Other 14 0.7
    Others 35 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 4 0.2
    Christianity 1849 89.5
    Hinduism 4 0.2
    Islam 4 0.2
    No Religion 202 9.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 61 9.3
    $400-$599 71 10.8
    $600-$799 62 9.4
    $1,000-$1,249 80 12.2
    $1,500-$1,999 89 13.5
    Others 295 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 716 45.6
    Not in the labour force 490 31.2
    Employed, worked part-time 235 15.0
    Employed, away from work 68 4.3
    Unemployed, looking for work 60 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 162 15.9
    Professionals 186 18.2
    Technicians & trades workers 119 11.6
    Community & personal service workers 152 14.9
    Clerical & administrative workers 120 11.7
    Others 283 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 48 10.9
    Infants/Primary 219 49.9
    Secondary 96 21.9
    Technical or Further Educational Institution 45 10.3
    University or other Tertiary Institutions 27 6.2
    Others 4 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1961 96.8
    Flat, unit or apartment 40 2.0
    Caravan, cabin, houseboat 16 0.8
    Semi-detached, row or terrace house, townhouse 5 0.2
    House or flat attached to a shop, office 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 330 44.0
    Fully owned 229 30.5
    Being purchased 180 24.0
    Other tenure type 11 1.5
    Tenure Type
Census 2011, ABS
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