Borenore (postcode 2800) is a quiet locality in New South Wales within the Cabonne local government area. With a population of 476, the suburb has an established family demographic with a median age of 44. Households earn a median income of $129K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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, professionals, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Borenore is $1.2 million, having climbed sharply by 26.3% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,210.
Borenore is served by 1 school, including 1 primary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 1 rail station, 21 bus stops. The crime rate in the Cabonne LGA is low at 1,859 incidents per 100,000 population.
From an investment perspective, Borenore shows a gross rental yield of approximately 2.4%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +26.3% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.