Booral is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2425). With a population of 457, the suburb has an established demographic with a median age of 41. Households earn a median income of $84K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Booral is $650,000, having dropped significantly 13.3% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,733.
Booral is served by 1 school, including 1 primary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Booral offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved -13.3% year-on-year.
Booral is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2425). With a population of 457, the suburb has an established demographic with a median age of 41. Households earn a median income of $84K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Booral is $650,000, having dropped significantly 13.3% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,733.
Booral is served by 1 school, including 1 primary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Booral offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved -13.3% year-on-year.