Suburb Profile

Suburb profile for,

Broken Hill, NSW

Located in the dynamic state of NSW (postcode 2880), BROKEN HILL is a vibrant real estate market. This suburb holds a median house price of $175,000 and has demonstrated an average buying growth of Up 14.4%. Last month, 124 houses were available, with 507 transactions completed in the past year. Properties spend around 72 days on the market, reflecting the area's demand with 1627 interested buyers. The average rental yield stands at 9.4%, with a weekly median rent of $220 per week and an average rent growth of Up 14.8%. Rental properties usually stay on the market for 23 days. The population in 2016 was 17837, which changed by -5.00% in the past five years. The median weekly household income is $975, reflecting an income change of +19.93% over the past five years. Residents have a median age of 44 years, and the suburb has an average annual growth for houses of +11.63%. To fully take advantage of BROKEN HILL's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BROKEN HILL, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Broken Hill, NSW

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
NSW
Suburb
BROKEN HILL
Postcode
2880
Median price for all dwellings
$175,000
Last 12 months growth return
Up 14.4%
Avg. dwellings for sale in the suburb every month
124
Avg. dwellings sold in the suburb in previous 12 months
507
Avg days on market for a dwelling listing to sell
72 days
Avg. number of people searching in this suburb every month
1627
Avg. rental yield per annum
9.40%
Weekly median rent for all dwellings
$220 per week
Median price for all houses
$175,000
Avg. rental yield growth in the previous 12 months
9.40%
Avg. days for a rental listing to find a tennant
23 days
Total suburb population in 2016
17837
Total suburb population change in 5 years up to 2016
-5.00%
Avg. household income per week
$975
Median age of the population in the suburb
44
Historic avg annual growth return per annum in the suburb
11.63%

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