Bomen is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 40, the suburb has an established demographic with a median age of 43. Households earn a median income of $98K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Bomen is $869,000, having surged 39% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,059.
Public transport access includes 1 bus stop. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Bomen offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($869K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +39.0% year-on-year.
Bomen is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 40, the suburb has an established demographic with a median age of 43. Households earn a median income of $98K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Bomen is $869,000, having surged 39% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,059.
Public transport access includes 1 bus stop. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Bomen offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($869K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +39.0% year-on-year.