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Boorooma
AREA REPORTS

Boorooma

Boorooma - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2650

house

BOOROOMA, 2650 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling BOOROOMA, 2650 values up and netting property investors a capital gain of 3.91% for the past year.

Investors saw the median home price rise to $478,000.

Profits due to an upward trend in home prices in the suburb averaged 4.07% per annum over a 3-year period.

BOOROOMA now ranks at the 362nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BOOROOMA are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $460 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BOOROOMA, homes and units usually stay on listing for an average of 90.6 days.

In 2016, 51 properties were sold in BOOROOMA during the past year, making it the 371st most active market in NSW based on total real estate transactions.

Data report can be found below

Boorooma
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $478,000 N/A
GROWTH REPORT
Median Quarterly 5.75% N/A
Median 12 month 3.91% N/A
Median 3 years 12.21% N/A
Median 5 years 13.81% N/A
10 years average annual 2.51% N/A
Weekly media advert. rent $460 N/A
Time on Market 90.6 days N/A
Gross Rental Yield Percent 5% N/A
demographics (median values)*
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
Age
n.a.
Monthly Loan Repayment
n.a.
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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Age group
Top 10 Birth Countries
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