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South Bowenfels, NSW 2790

Home » NSW Real Estate Data » Lithgow City Council, NSW » South Bowenfels, NSW 2790

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for South Bowenfels, NSW 2790 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “South Bowenfels, NSW 2790”

  1. The total adult population (15 years or older) of South Bowenfels 2790 NSW is 1,078, with a median age of 48. Of those, 58.16% are married, 10.76% are divorced or separated, 22.73% are single and 7.98% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $8,748. The median monthly mortgage repayment for households in this suburb is $2,167 which is 24.77% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in NSW, the suburb of South Bowenfels 2790 is a charming residential neighbourhood composed of an estimated 720 households. As we delve into the Q3 2023 statistics, we can see that the typical price for houses here stands at $766,845. Even more appealing is the median weekly rent, which at $650, offers the potential for a robust indicative yield of 4.41%, considerably above the minimum market requirement.

    On the socio-economic front, South Bowenfels 2790 boasts a considerable IRSAD score of 1005 out of 1217. This presents a promising image of the suburb’s socio-economic status, with the prospect of a financially secure and professionally skilled population base contributing to a stronger and more sustainable rental market.

    A further look at the housing market shows a particularly low renter to owner ratio of just 6%, well below the 30% threshold that property owners often find appealing. This signifies a predominantly owner-occupied market, which brings stability and attractive long-term prospect for any potential investor.

    In terms of property types, the suburb largely favours houses over units, with an impressive units to houses ratio of a mere 1%. Such a figures suggests that suburban houses are the preferred property type here, promising potentially longer tenancy periods and less competition among investors.

    However, the affordability index of 35 years is a tad higher than the preferable range, in part due to the higher typical house prices. Prolonged years to own a property may affect the demand and hence, should be considered before making an investment decision.

    From a supply standpoint, properties in South Bowenfels 2790 appear to be a scarce commodity. The stock on market percentage for houses is as low as 0.14%, marking it as a favourable location for property investors. Correspondingly, the inventory level for houses stands low at 0.92 months, further strengthening the favorable low supply narrative. The building approvals ratio for houses is a manageable 1.11%, indicating a reasonable pace of building activity and supply.

    Meanwhile, houses in South Bowenfels 2790 typically spend 68 days on the market suggesting a neutral level of demand, but should be monitored for any changes in trend. The vacancy rate, combining houses and units, stands a tad high at 4.65%, which should be kept a careful watch on.

    Finally, the buy search index for houses marks a decent figure of 3. While this is slightly on the lower side of the scale, the favourable supply scenario and substantial yields, combined with other promising indicators, suggest that South Bowenfels 2790 may still offer property investors some good opportunities.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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