Suburb Profile Report for Bourke NSW (2840)

Bourke House: Median price $155,000, Annual capital growth 9.58%, Number of sales 39, Weekly median advertised rent $240

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

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

  • House Report

Investment property in Bourke has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.27%

Bourke,2840 was ranked 301 in Australia by increase in median property value over the quarter.

Property buyers and investors in Bourke 2840 should be seeing an average reduction in asking price of around -11.74% . This means that Bourke is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $12480 per annum or $240 every week.

Metrics i HOUSE UNIT
$155,000 N/A
7.37% N/A
-7.27% N/A
9.58% N/A
$240 N/A
39 N/A
8.16% N/A
109.30769 N/A

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 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 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
Chart Table