Boro (postcode 2622) is a small, quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. 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. 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 professionals, clerical & administrative, labourers. Employment in the area leans toward transport & logistics and public admin & safety. The top ancestries reported are English, Australian, Irish.
Median house prices in Boro sit at $730,000, little changed on a year ago. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.3%. 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 2,677 incidents per 100,000 population.
Looking at the investment signals, Boro shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($730K/$1.5M), which can point to relative value. The price-to-income ratio of 5.5x is considered affordable. House prices have moved +0.0% year-on-year.