Broken Hill, NSW

Broken Hill is a local government area in the outback of New South Wales. It is the largest LGA in the Far West region of the state, built on a rich vein of silver, lead and zinc ore, which has been mined since the 1880s.

The Broken Hill property market has been relatively stable in recent years, despite the challenges faced by the mining industry. The LGA has a stable economy, with a limited range of industries including mining, agriculture, tourism and manufacturing.

There has been strong demand for properties in Broken Hill, particularly from first home buyers and investors. The LGA offers affordable housing, a country lifestyle and modest rental demand. The Broken Hill market is expected to remain stable in the near future.

Professionals (16.1%), Community and Personal Service Workers (15.2%), Technicians and Trades Workers (14.8%), Labourers (11.0%), and Clerical and Administrative Workers (10.9%) are the most frequent jobs in Broken Hill.

In Broken Hill, the typical weekly personal income for adults aged 15 and over is $527.

Separate homes account for 94.6 % of occupied private residences in Broken Hill, 2.3 % for semi-detached, row or terrace houses, townhouses, etc., 2.5 % for flats or apartments, and 0.2 % for other housing.



Capital Growth Heatmap

Property Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

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Property Market in Broken Hill, NSW

Suburbs/localities in this Local Government Area: Broken Hill 2880