Boco is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 16, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $130K per year, with an average household size of 3 people. The top ancestries reported are Australian, Scottish, French.
The median house price in Boco is $520,000, having dropped significantly 80.7% over the past year. The median monthly mortgage repayment is $3,800.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Property prices sit below the state median ($520K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved -80.7% year-on-year.
Boco is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 16, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $130K per year, with an average household size of 3 people. The top ancestries reported are Australian, Scottish, French.
The median house price in Boco is $520,000, having dropped significantly 80.7% over the past year. The median monthly mortgage repayment is $3,800.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Property prices sit below the state median ($520K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved -80.7% year-on-year.