Bowral is a well-established suburb in New South Wales within the Wingecarribee local government area (postcode 2576). With a population of 10,764, the suburb has an older demographic with a median age of 55. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bowral is $1.5 million, having dipped slightly 1.7% over the past year. Units have a median price of $1.0 million (+6.2% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,167.
Bowral is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 1 rail station, 173 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Bowral offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.5x is considered stretched. House prices have moved -1.7% year-on-year.
Bowral is a well-established suburb in New South Wales within the Wingecarribee local government area (postcode 2576). With a population of 10,764, the suburb has an older demographic with a median age of 55. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bowral is $1.5 million, having dipped slightly 1.7% over the past year. Units have a median price of $1.0 million (+6.2% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,167.
Bowral is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 1 rail station, 173 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Bowral offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.5x is considered stretched. House prices have moved -1.7% year-on-year.