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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Boomerang Beach, the median property price for a house is currently 675,000 with annual capital growth of -26.15 . There were 18 house sales in the past 12 months. On average, houses spend 174 days on market.
Houses have seen -27.27 growth in the past quarter, and -26.15 growth in the past 12 months.
The size of Boomerang Beach is approximately 2 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of Boomerang Beach in 2011 was 434 people. By 2016 the population was 299 showing a population decline of 31.1% in the area during that time. The predominant age group in Boomerang Beach is 60-69 years.
Households in Boomerang Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boomerang Beach work in a professional occupation. In 2011, 66.8% of the homes in Boomerang Beach were owner-occupied compared with 65.1% in 2016.
In Boomerang Beach, the median property price for a unit is currently 560,000 with annual capital growth of -24.38 . There were 5 unit sales in the past 12 months.
If you're thinking about buying an investment property in Boomerang Beach, consider that rental yields for units are currently 3.54 with an average median rent of 450 weekly. Units have seen 0.00 growth in the past quarter, and -24.38 growth in the past 12 months.
The size of Boomerang Beach is approximately 2 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of Boomerang Beach in 2011 was 434 people. By 2016 the population was 299 showing a population decline of 31.1% in the area during that time. The predominant age group in Boomerang Beach is 60-69 years.
Households in Boomerang Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boomerang Beach work in a professional occupation. In 2011, 66.8% of the homes in Boomerang Beach were owner-occupied compared with 65.1% in 2016.
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| Key Market Data | House | Unit |
| Median price | 675,000 | 560,000 |
| Quarterly growth | -27.27 | 0.00 |
| 12-month growth | -26.15 | -24.38 |
| Average annual growth | +7.78 | +2.71 |
| Weekly median rent | – | 450 |
| Gross rental yield | 3.40 | 3.54 |
| Number of Sales (12m) | 18 | 5 |
| Avg. Days on Market (12m) | 174 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 434 | 299 |
| Population change (5y) | +52.82 | -31.10 |
| Median household income (p/w) | 864 | 1,090 |
| Household income change (5y) | -7.79 | +26.16 |
| Median age of persons | 51 | 44 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Boomerang Beach was 299 in 2016, a -31.10 change compared to 2011.
The predominant age group in Boomerang Beach is 60-69 years.
The population of Boomerang Beach was 299 in 2016, a -31.10 change compared to 2011.
The predominant age group in Boomerang Beach is 50-59 years.
Most of the population in Boomerang Beach were born in Australia.
Most of the population in Boomerang Beach were born in Australia.
Most of the population in Boomerang Beach report their religion as No Religion.
Most of the population in Boomerang Beach report their religion as Anglican.
Most of the population in Boomerang Beach report their income range as between 78,000 and 130,000 .
The median household income in Boomerang Beach was 1,090 in 2016, a +26.16 change compared to 2011.
Most of the population in Boomerang Beach report their income range as between 15,000 and 31,000 .
The median household income in Boomerang Beach was 864 in 2011, a -7.79 change compared to 2006.
Most of the population in Boomerang Beach work as Professional.
Most of the population in Boomerang Beach work as Managers.
The chart below demonstrates the various levels of education in Boomerang Beach.
The chart below demonstrates the various levels of education in Boomerang Beach.
Most of the population in Boomerang Beach reached a qualification level of Certificate.
Most of the population in Boomerang Beach reached a qualification level of Certificate.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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