Boorganna is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). With a population of 24, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $40K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Irish.
The median house price in Boorganna is $70,000, having dropped significantly 88.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 29.7%.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Boorganna offers a gross rental yield of 29.7%, rated as high yield. Property prices sit below the state median ($70K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.8x is considered affordable. House prices have moved -88.1% year-on-year.
Boorganna is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). With a population of 24, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $40K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Irish.
The median house price in Boorganna is $70,000, having dropped significantly 88.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 29.7%.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Boorganna offers a gross rental yield of 29.7%, rated as high yield. Property prices sit below the state median ($70K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.8x is considered affordable. House prices have moved -88.1% year-on-year.