Bowen is a well-established suburb in Queensland within the Whitsunday local government area (postcode 4805). With a population of 11,205, the suburb has an established demographic with a median age of 42. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Bowen is $435,000, having surged 11.5% over the past year. Units have a median price of $322,000 (+13.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,500.
Bowen is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 924, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Whitsunday LGA is moderate at 6,205 incidents per 100,000 population.
From an investment perspective, Bowen offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($435K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +11.5% year-on-year.
Bowen is a well-established suburb in Queensland within the Whitsunday local government area (postcode 4805). With a population of 11,205, the suburb has an established demographic with a median age of 42. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Bowen is $435,000, having surged 11.5% over the past year. Units have a median price of $322,000 (+13.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,500.
Bowen is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 924, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Whitsunday LGA is moderate at 6,205 incidents per 100,000 population.
From an investment perspective, Bowen offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($435K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +11.5% year-on-year.