Located in New South Wales within the Bourke local government area, North Bourke is a small, quiet locality (postcode 2840). It is home to about 200 residents, with an established family demographic and a median age of 42. Households earn a median income of $93K per year, with an average household size of 2.4 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -2.4% 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 managers, community & personal service, professionals. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, English, Irish.
North Bourke has a median house price of $325,000, which has jumped by 122.3% year-on-year. The current median weekly rent is $280. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $880.
Public transport access includes 7 bus stops. The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.5%, which reads as moderate yield. Property prices sit below the state median ($325K/$1.5M), which can point to relative value. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +122.3% year-on-year. Population growth of -2.4% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.