Boro is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 97, the suburb has a mature demographic with a median age of 47. Households earn a median income of $132K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Boro is $720,000, having dipped slightly 1.4% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,026.
Public transport access includes 7 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Boro offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($720K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -1.4% year-on-year.
Boro is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 97, the suburb has a mature demographic with a median age of 47. Households earn a median income of $132K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Boro is $720,000, having dipped slightly 1.4% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,026.
Public transport access includes 7 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Boro offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($720K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -1.4% year-on-year.