Bobs Farm

Bob's Farm is a small suburb with a population of 662. The residents have a diverse age distribution, with a significant number of residents aged 65 or over. The suburb offers a mix of occupations, with a notable presence of technicians and trade workers, managers, and professionals. The median household income is moderately high, and many residents commute by motor vehicle. The suburb has a low supply of houses with a high market absorption rate, indicating strong buyer demand. House prices have shown consistent growth over the past 10 years, making it potentially lucrative for long-term investments. The suburb also has a moderate rental yield and a reasonable discount median. Investors may find opportunities in renovating properties due to the high sale price IQR ratio. Bob's Farm, NSW 2316, offers a quiet lifestyle with a high level of educational advantage for government schools. It presents good potential for property investors looking at houses, given the strong market absorption rate and historical price growth. Homeowners can benefit from the steady increase in property values and the suburb's appeal to a variety of occupations. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022