Bom Bom is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). Households earn a median income of $85K per year, with an average household size of 1 people.
The median house price in Bom Bom is $290,000, having surged 286.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 8.6%.
Public transport access includes 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Bom Bom offers a gross rental yield of 8.6%, rated as high yield. Property prices sit below the state median ($290K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved +286.7% year-on-year.
Bom Bom is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). Households earn a median income of $85K per year, with an average household size of 1 people.
The median house price in Bom Bom is $290,000, having surged 286.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 8.6%.
Public transport access includes 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Bom Bom offers a gross rental yield of 8.6%, rated as high yield. Property prices sit below the state median ($290K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved +286.7% year-on-year.