Boolcarroll NSW

Postcode 2388 · Narrabri LGA

Boolcarroll is a quiet locality in New South Wales within the Narrabri local government area (postcode 2388). With a population of 25, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $169K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative. The top ancestries reported are Australian, English.

The median house price in Boolcarroll is $400,000, having dropped significantly 15.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 6.5%.

The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.

From an investment perspective, Boolcarroll offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.4x is considered affordable. House prices have moved -15.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield6.5% High Yield
Price vs State$400K/$1.5M Below Median
Affordability2.4x Affordable
Price Momentum-15.8% Falling
SEIFA INDEX (ABS)
Advantage9/10
Education9/10
Economic6/10
Disadvantage9/10
MEDIAN HOUSE
$400K
-15.8% YoY
MEDIAN RENT /WK
$175
POPULATION
25
DEMOGRAPHICS
Median Age29
Household Size2.4
HH Income /wk$3,249
Personal Income /wk$1624
Mortgage /mth
CRIME (Narrabri LGA)
Crime Rate (per 100k)5,705
Total Incidents730
Data: 2018