Booligal is a quiet locality in New South Wales within the Hay local government area (postcode 2711). With a population of 98, the suburb has an established demographic with a median age of 43. Households earn a median income of $94K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Booligal is $40,000, having dropped significantly 98% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 35.8%. The median monthly mortgage repayment is $1,400.
The crime rate in the Hay LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Booligal offers a gross rental yield of 35.8%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -98.0% year-on-year.
Booligal is a quiet locality in New South Wales within the Hay local government area (postcode 2711). With a population of 98, the suburb has an established demographic with a median age of 43. Households earn a median income of $94K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Booligal is $40,000, having dropped significantly 98% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 35.8%. The median monthly mortgage repayment is $1,400.
The crime rate in the Hay LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Booligal offers a gross rental yield of 35.8%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -98.0% year-on-year.