Boggabilla is a small community in New South Wales within the Moree Plains local government area (postcode 2409). With a population of 1,022, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $57K per year, with an average household size of 2.9 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Aboriginal Australian, Australian, English.
The median house price in Boggabilla is $50,000, having surged 150% over the past year. The median weekly rent is $155 (Census 2021). This gives a gross rental yield of approximately 16.1%. The median monthly mortgage repayment is $867.
Boggabilla is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 648, which is well below the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Boggabilla offers a gross rental yield of 16.1%, rated as high yield. Property prices sit below the state median ($50K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.9x is considered affordable. House prices have moved +150.0% year-on-year.
Boggabilla is a small community in New South Wales within the Moree Plains local government area (postcode 2409). With a population of 1,022, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $57K per year, with an average household size of 2.9 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Aboriginal Australian, Australian, English.
The median house price in Boggabilla is $50,000, having surged 150% over the past year. The median weekly rent is $155 (Census 2021). This gives a gross rental yield of approximately 16.1%. The median monthly mortgage repayment is $867.
Boggabilla is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 648, which is well below the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Boggabilla offers a gross rental yield of 16.1%, rated as high yield. Property prices sit below the state median ($50K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.9x is considered affordable. House prices have moved +150.0% year-on-year.