Boorook is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 20, the suburb has a mature demographic with a median age of 54. Households earn a median income of $47K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Boorook is $665,000, having surged 10.8% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,854.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Boorook offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($665K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +10.8% year-on-year.
Boorook is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 20, the suburb has a mature demographic with a median age of 54. Households earn a median income of $47K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Boorook is $665,000, having surged 10.8% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,854.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Boorook offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($665K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +10.8% year-on-year.