Boomanoomana is a quiet locality in New South Wales within the Berrigan local government area (postcode 2712). With a population of 116, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $107K per year, with an average household size of 3.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Boomanoomana is $800,000, having dropped significantly 78.8% over the past year. The current median weekly rent is $370. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,387.
Public transport access includes 10 bus stops. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Boomanoomana offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -78.8% year-on-year.
Boomanoomana is a quiet locality in New South Wales within the Berrigan local government area (postcode 2712). With a population of 116, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $107K per year, with an average household size of 3.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Boomanoomana is $800,000, having dropped significantly 78.8% over the past year. The current median weekly rent is $370. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,387.
Public transport access includes 10 bus stops. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Boomanoomana offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -78.8% year-on-year.