Bourke NSW 2840

Here you can find what you need to know about Bourke, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$155k Median Sale Price (National Average $485k) 1353rd In NSW
-13.89% Median Price Change (1 yr) (National Average 4.30%) 4152nd In NSW
$245pw Median Rent (National Average $395) 1259th In NSW
8.2% Median Gross Yield (National Average 4.24%) 11th In NSW
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Properties sold 27
Average discounting -12.44%
Average Days on Market 115
Stock on Market 10 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Bourke, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Bourke, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Bourke, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Bourke


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State Auction Clearance Rates - August 2019

Auctions Clearance rate
NSW 446 76%
ACT 26 80%
NT 7 29%
QLD 105 46%
SA 48 66%
TAS 2 100%
VIC 588 76%
WA 13 45%

Local Schools


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Suburb Information

Bourke, NSW 2840

Part of: Bourke Council No data available

The size of Bourke is approximately 3,874.8 square kilometres. It has 10 parks. The population of Bourke in 2011 was 2,465 people. By 2016 the population was 1,909 showing a population decline of 22.6% in the area during that time. The predominant age group in Bourke is 0-9 years. Households in Bourke are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bourke work in a community and personal service occupation. In 2011, 50.9% of the homes in Bourke were owner-occupied compared with 49.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Bourke

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Bourke   for Houses in last 12 months


There have been 27 Houses sold in Bourke in the past 12 months with a median sale price of $155K, up -13.89% annually. It takes on average 115 days to sell with vendor discounting of -12.44%.

Streets in Bourke


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