Boggabri is a small community in New South Wales within the Narrabri local government area (postcode 2382). With a population of 1,203, the suburb has an established demographic with a median age of 43. Households earn a median income of $78K per year, with an average household size of 2.3 people. The most common occupations are machinery operators & drivers, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Boggabri is $315,000, having dropped significantly 16% over the past year. Units have a median price of $2.6 million (+553.5% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,200.
Boggabri is served by 2 schools, including 2 primary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 1 rail station, 63 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Boggabri offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($315K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved -16.0% year-on-year.
Boggabri is a small community in New South Wales within the Narrabri local government area (postcode 2382). With a population of 1,203, the suburb has an established demographic with a median age of 43. Households earn a median income of $78K per year, with an average household size of 2.3 people. The most common occupations are machinery operators & drivers, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Boggabri is $315,000, having dropped significantly 16% over the past year. Units have a median price of $2.6 million (+553.5% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,200.
Boggabri is served by 2 schools, including 2 primary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 1 rail station, 63 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Boggabri offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($315K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved -16.0% year-on-year.