Bourkelands (postcode 2650) is a smaller residential area in New South Wales within the Wagga Wagga local government area. The area has roughly 3,113 residents and a blend of families and working-age professionals, with a median age of 35. Households earn a median income of $115K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Bourkelands is $810,000, having climbed sharply by 12.5% over the past year. Units have a median price of $540,000 (+47.9% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,733.
Public transport access includes 12 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,436 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.4% (moderate yield). Property prices sit below the state median ($810K/$1.5M), which can point to relative value. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +12.5% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.