Bolaro is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2629). With a population of 31, the suburb has an older demographic with a median age of 61. Households earn a median income of $40K per year, with an average household size of 1.8 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, English, Italian.
The median house price in Bolaro is $2.3 million, having surged 566.7% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 1.2%.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bolaro offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 57.1x is considered stretched. House prices have moved +566.7% year-on-year.
Bolaro is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2629). With a population of 31, the suburb has an older demographic with a median age of 61. Households earn a median income of $40K per year, with an average household size of 1.8 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, English, Italian.
The median house price in Bolaro is $2.3 million, having surged 566.7% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 1.2%.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bolaro offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 57.1x is considered stretched. House prices have moved +566.7% year-on-year.