North Bourke is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 200, the suburb has an established demographic with a median age of 42. Households earn a median income of $93K per year, with an average household size of 2.4 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in North Bourke is $450,000, having surged 42.9% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $880.
Public transport access includes 7 bus stops. The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, North Bourke offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +42.9% year-on-year.
North Bourke is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 200, the suburb has an established demographic with a median age of 42. Households earn a median income of $93K per year, with an average household size of 2.4 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in North Bourke is $450,000, having surged 42.9% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $880.
Public transport access includes 7 bus stops. The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, North Bourke offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +42.9% year-on-year.