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Boorowa
AREA REPORTS

Boorowa

Boorowa - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2586

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BOOROWA, 2586 ranks 427th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.13% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $335,000.

The upward trend in home prices in BOOROWA, 2586 averaged 7.27% per annum over a 3-year period.

Average weekly rents on listings have reached the $330 mark, reflecting a 5.12% increase in returns based on the current median price in BOOROWA.

An average of 4.42 real estate transactions take place per month in BOOROWA which translates to 53 per annum.

53 properties were sold in BOOROWA in 2016, making it the 376th most active market in NSW based on total real estate transactions.

BOOROWA, 2586 places 741st in Australia based on median property value growth during the quarter.

Data report can be found below

Boorowa
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $335,000 N/A
GROWTH REPORT
Median Quarterly 4.69% N/A
Median 12 month 27.13% N/A
Median 3 years 21.82% N/A
Median 5 years 42.55% N/A
10 years average annual 6.31% N/A
Weekly media advert. rent $330 N/A
Time on Market 106.8 days N/A
Gross Rental Yield Percent 5.12% N/A
demographics (median values)*
Total Population
2619
Weekly Household Income
995
Household Size
2.20
Age
48
Monthly Loan Repayment
1192
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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