Boort is a small community in Victoria within the Loddon local government area (postcode 3537). With a population of 940, the suburb has an older demographic with a median age of 57. Households earn a median income of $55K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Boort is $299,000, having surged 10.7% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $949.
Boort is served by 1 school, including 1 combined. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Loddon LGA is moderate at 6,652 incidents per 100,000 population.
From an investment perspective, Boort offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($299K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved +10.7% year-on-year.
Boort is a small community in Victoria within the Loddon local government area (postcode 3537). With a population of 940, the suburb has an older demographic with a median age of 57. Households earn a median income of $55K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Boort is $299,000, having surged 10.7% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $949.
Boort is served by 1 school, including 1 combined. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Loddon LGA is moderate at 6,652 incidents per 100,000 population.
From an investment perspective, Boort offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($299K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved +10.7% year-on-year.