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Bombala, NSW 2632

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 Bombala, NSW 2632 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.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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 “Bombala, NSW 2632”

  1. The total adult population (15 years or older) of Bombala 2632 NSW is 1,132, with a median age of 47. Of those, 43.55% are married, 15.28% are divorced or separated, 33.30% are single and 8.04% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $6,848. The median monthly mortgage repayment for households in this suburb is $1,083 which is 15.81% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NSW, BOMBALA 2632 is a suburb catering to an estimated 1,162 households. As of the third quarter of 2023, property market trends point to a typical house price of $391,998. Additionally, the median weekly rent sits at $380, which results in an attractive indicative yield of 5.04%, meeting the appealing market requirement for cashflow-focused property investors, above the 3% benchmark.

    In terms of socio-economic status, the suburb features an IRSAD score of 916 out of 1,217, indicating a fairly strong socio-economic environment amongst the community. The balance between rental and owned properties is well-poised, with the renter to owner ratio appearing low at 21%, providing a much lower risk compared to markets with an oversaturation of rental properties. A positive sign for property investors indeed.

    Interestingly, the units to houses ratio in BOMBALA 2632 stands at 0%, hinting towards a complete absence of units or apartments. This situation could keep competition among landlords at bay and pave the way for potentially higher rental yields.

    The affordability index for BOMBALA 2632 paints a promising picture as well. It would typically take an individual 23 years to fully own a property – a length shorter than the standard 30-year mortgage. This suggests a high level of housing affordability present in the area.

    Examining supply metrics reveals a very low stock on market Percentage for houses at a mere 0.09%, suggesting minimal oversupply. This low supply metric is echoed by an even lower inventory level at only 0.8 months. Consequently, it seems that new listings are getting absorbed rather quickly in the market. The building approvals Ratio comes in at 0%, pointing towards no newly approved houses, indicating restrained supply for now.

    However, the suburb’s demand metrics lend a more sobering outlook. With the median number of days on market for houses stretching to 148, it seems properties may be remaining unsold for longer than desirable. Nonetheless, the moderately low vacancy rate of 1.65% could still present opportunities for investors, as this suggests decent demand in rental market.

    Finally, an average buy search index of 3 for houses depicts somewhat limited buyer interest. However, considering this trend and overall statistics, it’s still possible for BOMBALA 2632 to emerge as an advantageous investment prospect, provided that the majority of other metrics remain favourable.

    To get a comprehensive picture of suburb’s property market prospects, HtAG Analytics’ Relative Composite Score (RCS) is also worth figuring into the equation. By encompassing over 80 metrics, it gives investors a powerful tool to aid their property investment decisions.

    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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