Booyong is a quiet locality in New South Wales within the Byron local government area (postcode 2480). With a population of 84, the suburb has an established demographic with a median age of 43. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, German.
The median house price in Booyong is $1.1 million, having surged 110.4% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,000.
Public transport access includes 4 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Booyong offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +110.4% year-on-year.
Booyong is a quiet locality in New South Wales within the Byron local government area (postcode 2480). With a population of 84, the suburb has an established demographic with a median age of 43. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, German.
The median house price in Booyong is $1.1 million, having surged 110.4% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,000.
Public transport access includes 4 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Booyong offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +110.4% year-on-year.