Bora Ridge, NSW

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Livability Index
94.2
What's this?

Population: 210

House Growth Prediction (per annual): 8%, 4856th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Low Population Density, Low Salary

Basics

Bora Ridge is a local community with population 210, and the population growth over the past decade is -33.5%. It has an average income $35,595.67 per annum. It has 86.9% of population who only speak English at home. Other top languages include Greek, Spanish, Aboriginal English so described, Sinhalese, Filipino. Unemployment rate in Bora Ridge is 7.6% while people work as professionals is 10.8%. Bora Ridge has 0 Coles stores and 0 Woolworth stores. Its population density is 0.06 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bora Ridge has Socio-Economic raw score 900.8 while the average score across Australia is 1000. Therefore, Bora Ridge has disadvantage in terms of Socio-Economic measure. It obtains relative score 14 out of 100 across Australia, while relative score 13 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. Bora Ridge has a livability index 94.6, which is lower than average 100 across Australia. It ranks 5,146th 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 18.2% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bora Ridge has a higher than average growth expectation. It ranks 6,922th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bora Ridge is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bora Ridge has a higher than average growth. It ranks NAth 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 NA the attractiveness of Bora Ridge, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Bora Ridge, which obtains score of 56.4 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bora Ridge has a NA than average score, which is NA out of 100. NA to primary school, secondary school has worse than average score, which is 20.3 out of 100.

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Bora Ridge, NSW smart rating was calculated by GeoIndex Australia.

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