Boonoo Boonoo is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 19, the suburb has an older demographic with a median age of 64. Households earn a median income of $39K per year, with an average household size of 1.7 people. The top ancestries reported are English, Scottish, Irish.
The median house price in Boonoo Boonoo is $270,000, having dropped significantly 10% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 9.1%. The median monthly mortgage repayment is $936.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Boonoo Boonoo offers a gross rental yield of 9.1%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved -10.0% year-on-year.
Boonoo Boonoo is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 19, the suburb has an older demographic with a median age of 64. Households earn a median income of $39K per year, with an average household size of 1.7 people. The top ancestries reported are English, Scottish, Irish.
The median house price in Boonoo Boonoo is $270,000, having dropped significantly 10% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 9.1%. The median monthly mortgage repayment is $936.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Boonoo Boonoo offers a gross rental yield of 9.1%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved -10.0% year-on-year.