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Median values are calculated based on data over a 12 month period.

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Market Report

In Bowen, the median property price for a house is currently 430,000 with annual capital growth of 11.40 . There were 295 house sales in the past 12 months. On average, houses spend 30 days on market.

If you're thinking about buying an investment property in Bowen, consider that rental yields for houses are currently 6.51 with an average median rent of 560 weekly. Houses have seen 2.38 growth in the past quarter, and 11.40 growth in the past 12 months.

The size of Bowen is approximately 1,650.5 square kilometres. It has 27 parks covering nearly 4.2% of total area. The population of Bowen in 2011 was 10,260 people. By 2016 the population was 10,376 showing a population growth of 1.1% in the area during that time. The predominant age group in Bowen is 50-59 years.

Households in Bowen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowen work in a labourer occupation. In 2011, 59.1% of the homes in Bowen were owner-occupied compared with 56% in 2016.

In Bowen, the median property price for a unit is currently 299,000 with annual capital growth of 9.72 . There were 41 unit sales in the past 12 months. On average, units spend 55 days on market.

If you're thinking about buying an investment property in Bowen, consider that rental yields for units are currently 7.44 with an average median rent of 400 weekly. Units have seen 8.73 growth in the past quarter, and 9.72 growth in the past 12 months.

The size of Bowen is approximately 1,650.5 square kilometres. It has 27 parks covering nearly 4.2% of total area. The population of Bowen in 2011 was 10,260 people. By 2016 the population was 10,376 showing a population growth of 1.1% in the area during that time. The predominant age group in Bowen is 50-59 years.

Households in Bowen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowen work in a labourer occupation. In 2011, 59.1% of the homes in Bowen were owner-occupied compared with 56% in 2016.

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Key Market Data House Unit
Median price 430,000 299,000
Quarterly growth +2.38 +8.73
12-month growth +11.40 +9.72
Average annual growth +10.80 +7.32
Weekly median rent 560 400
Gross rental yield 6.51 7.44
Number of Sales (12m) 295 41
Avg. Days on Market (12m) 30 55
Jump to Market Trends
Key Demographics 2011 2016
Total population 10,260 10,376
Population change (5y) +5.81 +1.10
Median household income (p/w) 1,098 1,091
Household income change (5y) +27.23 -0.64
Median age of persons 39 41
Jump to Demographics Trends
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