Boree is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 93, the suburb has an established demographic with a median age of 44. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Boree is $1.9 million, having surged 130.2% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,200.
Public transport access includes 7 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Boree offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +130.2% year-on-year.
Boree is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 93, the suburb has an established demographic with a median age of 44. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Boree is $1.9 million, having surged 130.2% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,200.
Public transport access includes 7 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Boree offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +130.2% year-on-year.