Bocobra is a quiet locality in New South Wales within the Cabonne local government area (postcode 2865). With a population of 60, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bocobra is $710,000, having grown strongly 9.2% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,000.
Public transport access includes 8 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Bocobra offers a gross rental yield of 1.1%, rated as low yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +9.2% year-on-year.
Bocobra is a quiet locality in New South Wales within the Cabonne local government area (postcode 2865). With a population of 60, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bocobra is $710,000, having grown strongly 9.2% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,000.
Public transport access includes 8 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Bocobra offers a gross rental yield of 1.1%, rated as low yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +9.2% year-on-year.