Bolwarra, NSW

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Livability Index
111.9
What's this?

Population: 1179

House Growth Prediction (per annual): 31%, 303th out of 5061

Unit Growth Prediction (per annual): 24%, 157th out of 2987

Keywords: Well Educated, Professional, Volunteer, Mining, Youth Worker, High Salary

Basics

Bolwarra (NSW) is a local community with population 1,179, and the population growth over the past decade is -14.5%. It has an average income $53,064.67 per annum. It has 96.4% of population who only speak English at home. Other top languages include Amharic, Greek. Unemployment rate in Bolwarra (NSW) is 2.8% while people work as professionals is 24.3%. Bolwarra (NSW) has 0 Coles stores and 0 Woolworth stores. Its population density is 17.27 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bolwarra (NSW) has Socio-Economic raw score 1056.6 while the average score across Australia is 1000. Therefore, Bolwarra (NSW) has advantage in terms of Socio-Economic measure. It obtains relative score 79 out of 100 across Australia, while relative score 76 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. Bolwarra (NSW) has a livability index 110.6, which is higher than average 100 across Australia. It ranks 658th out of 8,530 suburbs across Australia. Therefore, it is a suburb more 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 18.5% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bolwarra (NSW) has a higher than average growth expectation. It ranks 7,013th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Bolwarra (NSW) is predicted to grow by 10.1% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bolwarra (NSW) has a lower than average growth. It ranks 3,889th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Bolwarra (NSW), which obtains score of 97.6 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 Bolwarra (NSW), which obtains score of 87.1 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bolwarra (NSW) has a better than average score, which is 57.1 out of 100. Similar to to primary school, secondary school has better than average score, which is 52.4 out of 100.

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Bolwarra, NSW smart rating was calculated by GeoIndex Australia.

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