Bournewood is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2868). With a population of 60, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $94K per year, with an average household size of 3.2 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bournewood is $115,000, having dropped significantly 92.6% over the past year. The median weekly rent is $213 (Census 2021). This gives a gross rental yield of approximately 9.6%. The median monthly mortgage repayment is $1,800.
Public transport access includes 7 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Bournewood offers a gross rental yield of 9.6%, rated as high yield. Property prices sit below the state median ($115K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.2x is considered affordable. House prices have moved -92.6% year-on-year.
Bournewood is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2868). With a population of 60, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $94K per year, with an average household size of 3.2 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bournewood is $115,000, having dropped significantly 92.6% over the past year. The median weekly rent is $213 (Census 2021). This gives a gross rental yield of approximately 9.6%. The median monthly mortgage repayment is $1,800.
Public transport access includes 7 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Bournewood offers a gross rental yield of 9.6%, rated as high yield. Property prices sit below the state median ($115K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.2x is considered affordable. House prices have moved -92.6% year-on-year.