Bowenfels, NSW

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Livability Index
98.3
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Population: 1789

House Growth Prediction (per annual): 17%, 3043th out of 5061

Unit Growth Prediction (per annual): 11%, 2328th out of 2987

Keywords: Nature, Mining, High Salary

Basics

Bowenfels is a local community with population 1,789, and the population growth over the past decade is 54.9%. It has an average income $52,264.67 per annum. It has 87% of population who only speak English at home. Other top languages include Arabic, Cantonese, Afrikaans, German, Dutch. Unemployment rate in Bowenfels is 8.3% while people work as professionals is 12.2%. Bowenfels has 1 Coles stores and 1 Woolworth stores. Its population density is 15.44 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bowenfels has Socio-Economic raw score 773.5 while the average score across Australia is 1000. Therefore, Bowenfels has disadvantage in terms of Socio-Economic measure. It obtains relative score 3 out of 100 across Australia, while relative score 2 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. Bowenfels has a livability index 92.1, which is lower than average 100 across Australia. It ranks 6,028th 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 17.8% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bowenfels has a higher than average growth expectation. It ranks 6,787th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bowenfels is predicted to grow by 9.4% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bowenfels has a higher than average growth. It ranks 3,748th 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 Bowenfels, which obtains score of 96.3 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 Bowenfels, which obtains score of 85.2 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bowenfels has a worse than average score, which is 34.5 out of 100. Similar to to primary school, secondary school has worse than average score, which is 31.8 out of 100.

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Bowenfels, NSW smart rating was calculated by GeoIndex Australia.

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