Bootawa is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 174, the suburb has an older demographic with a median age of 57. Households earn a median income of $63K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Bootawa is $705,000, having dropped significantly 36.1% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,300.
Public transport access includes 5 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, Bootawa offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($705K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved -36.1% year-on-year.
Bootawa is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 174, the suburb has an older demographic with a median age of 57. Households earn a median income of $63K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Bootawa is $705,000, having dropped significantly 36.1% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,300.
Public transport access includes 5 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, Bootawa offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($705K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved -36.1% year-on-year.