Located in New South Wales within the Mid-Western Regional local government area, Bocoble is a small, quiet locality (postcode 2850). It is home to about 132 residents, with a mature demographic and a median age of 51. Households earn a median income of $71K per year, with an average household size of 2.5 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, machinery operators & drivers. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are English, Australian, Irish.
Bocoble has a median house price of $900,000, which has climbed sharply by 76.5% year-on-year. The current median weekly rent is $590. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,244.
Public transport access includes 13 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Bocoble shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), which can point to relative value. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +76.5% year-on-year.