Bocoble is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 132, the suburb has a mature demographic with a median age of 51. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Bocoble is $600,000, having dropped significantly 27.9% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 5.3%. 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 3,221 incidents per 100,000 population.
From an investment perspective, Bocoble offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -27.9% year-on-year.
Bocoble is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 132, the suburb has a mature demographic with a median age of 51. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Bocoble is $600,000, having dropped significantly 27.9% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 5.3%. 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 3,221 incidents per 100,000 population.
From an investment perspective, Bocoble offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -27.9% year-on-year.