Boonal is a quiet locality in New South Wales within the Gwydir local government area (postcode 2409). With a population of 51, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $89K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Boonal is $2.0 million, having dropped significantly 79.6% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 0.5%.
Public transport access includes 2 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Boonal offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.5x is considered stretched. House prices have moved -79.6% year-on-year.
Boonal is a quiet locality in New South Wales within the Gwydir local government area (postcode 2409). With a population of 51, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $89K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Boonal is $2.0 million, having dropped significantly 79.6% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 0.5%.
Public transport access includes 2 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Boonal offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.5x is considered stretched. House prices have moved -79.6% year-on-year.