Boambee East, NSW

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Livability Index
92.5
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Population: 5446

House Growth Prediction (per annual): 18%, 2834th out of 5061

Unit Growth Prediction (per annual): 11%, 2177th out of 2987

Keywords: Active Market, Nature, Trade, Healthcare

Basics

Boambee East is a local community with population 5,446, and the population growth over the past decade is 31.8%. It has an average income $37,517 per annum. It has 94.1% of population who only speak English at home. Other top languages include German, Japanese, Italian, Spanish, Polish. Unemployment rate in Boambee East is 7.7% while people work as professionals is 17.3%. Boambee East has 1 Coles stores and 1 Woolworth stores. Its population density is 47.82 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Boambee East has Socio-Economic raw score 964.3 while the average score across Australia is 1000. Therefore, Boambee East has disadvantage in terms of Socio-Economic measure. It obtains relative score 34 out of 100 across Australia, while relative score 35 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Boambee East has a livability index 93.5, which is lower than average 100 across Australia. It ranks 5,494th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 15% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Boambee East has a higher than average growth expectation. It ranks 5,453th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Boambee East is predicted to grow by 6.7% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Boambee East has a higher than average growth. It ranks 2,725th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Boambee East, which obtains score of 97 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Boambee East, which obtains score of 82.3 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Boambee East has a worse than average score, which is 23.4 out of 100. Similar to to primary school, secondary school has worse than average score, which is 34.8 out of 100.

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Boambee East, NSW smart rating was calculated by GeoIndex Australia.

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