Boomey is a quiet locality in New South Wales within the Cabonne local government area (postcode 2866). With a population of 88, the suburb has an established demographic with a median age of 39. Households earn a median income of $88K per year, with an average household size of 3.3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Boomey is $1.2 million, having surged 17.5% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Boomey offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 13.7x is considered stretched. House prices have moved +17.5% year-on-year.
Boomey is a quiet locality in New South Wales within the Cabonne local government area (postcode 2866). With a population of 88, the suburb has an established demographic with a median age of 39. Households earn a median income of $88K per year, with an average household size of 3.3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Boomey is $1.2 million, having surged 17.5% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Boomey offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 13.7x is considered stretched. House prices have moved +17.5% year-on-year.