Booyong is a sparsely populated locality in New South Wales within the Byron local government area (postcode 2480). It is home to about 84 residents, with an established demographic and a median age of 43. Households earn a median income of $93K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, clerical & administrative, professionals. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, German.
Booyong has a median house price of $598,000, holding roughly steady year-on-year. The current median weekly rent is $510. This gives a gross rental yield of approximately 4.4%. 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 4,232 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.4% (moderate yield). Property prices sit below the state median ($598K/$1.5M), which can point to relative value. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.