Bombo is a quiet locality in New South Wales within the Kiama local government area (postcode 2533). With a population of 175, the suburb has an established demographic with a median age of 40. Households earn a median income of $135K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bombo is $1.9 million, having declined 6.9% over the past year. Units have a median price of $1.4 million (+149.6% YoY). The current median weekly rent is $728. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $3,250.
Public transport access includes 3 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Bombo offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 13.8x is considered stretched. House prices have moved -6.9% year-on-year.
Bombo is a quiet locality in New South Wales within the Kiama local government area (postcode 2533). With a population of 175, the suburb has an established demographic with a median age of 40. Households earn a median income of $135K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bombo is $1.9 million, having declined 6.9% over the past year. Units have a median price of $1.4 million (+149.6% YoY). The current median weekly rent is $728. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $3,250.
Public transport access includes 3 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Bombo offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 13.8x is considered stretched. House prices have moved -6.9% year-on-year.