Borah Creek is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 22, the suburb has a mature demographic with a median age of 46. Households earn a median income of $27K per year, with an average household size of 2.5 people. The top ancestries reported are English, Dutch, Scottish.
The median house price in Borah Creek is $1.8 million, having surged 99455.6% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 1.1%.
The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Borah Creek offers a gross rental yield of 1.1%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 65.8x is considered stretched. House prices have moved +99455.6% year-on-year.
Borah Creek is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 22, the suburb has a mature demographic with a median age of 46. Households earn a median income of $27K per year, with an average household size of 2.5 people. The top ancestries reported are English, Dutch, Scottish.
The median house price in Borah Creek is $1.8 million, having surged 99455.6% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 1.1%.
The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Borah Creek offers a gross rental yield of 1.1%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 65.8x is considered stretched. House prices have moved +99455.6% year-on-year.