Boolambayte is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 85, the suburb has a mature demographic with a median age of 53. Households earn a median income of $55K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Boolambayte is $530,000, having dropped significantly 17.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,800.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Boolambayte offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($530K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -17.2% year-on-year.
Boolambayte is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 85, the suburb has a mature demographic with a median age of 53. Households earn a median income of $55K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Boolambayte is $530,000, having dropped significantly 17.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,800.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Boolambayte offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($530K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -17.2% year-on-year.