NSW/
Bourke

Suburb Profile

Bourke - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2840

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Property investors enjoyed capital gains of 26.32% over the last 12 months in BOURKE, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 18.03% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.

On average, rents on listings have reached the $250 mark, reflecting a 7.22% increase in returns based on the current median price in BOURKE.

BOURKE, 2840 ranks 53rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 22nd on the list of best yielding suburbs for rental properties in NSW, posting a 7.22% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $180,000 N/A
GROWTH REPORT
Median Quarterly 33.33% N/A
Median 12 month 26.32% N/A
Median 3 years 18.03% N/A
Median 5 years 48.76% N/A
10 years average annual 11.21% N/A
Weekly media advert. rent $250 N/A
Time on Market 110.6 days N/A
Gross Rental Yield Percent 7.22% N/A
demographics (median values)
Total Population
2477
Weekly Household Income
827.4
Household Size
2.80
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Bourke, NSW
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