Borenore is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 476, the suburb has an established 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. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Borenore is $850,000, having dropped significantly 19% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.4%. 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 1,856 incidents per 100,000 population.
From an investment perspective, Borenore offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.6x is considered moderate. House prices have moved -19.0% year-on-year.
Borenore is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 476, the suburb has an established 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. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Borenore is $850,000, having dropped significantly 19% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.4%. 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 1,856 incidents per 100,000 population.
From an investment perspective, Borenore offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.6x is considered moderate. House prices have moved -19.0% year-on-year.