Bombo

Bombo, NSW 2533 is a small suburb with a population of 175, dominated by residents aged between 5 to 64 years. The suburb has a mix of occupations with Professionals being the largest group followed by Technicians and Tradeworkers. Residents primarily commute by motor vehicle, with a modest portion working from home. The median household income is relatively high. For house investors, Bombo presents a unique opportunity with a limited property supply but high demand as indicated by the low days on market. The suburb boasts a high median growth rate and a consistent increase in median sale prices over the years. Potential renovators might find Bombo appealing due to the high sale price IQR ratio, suggesting varying property conditions. The suburb also demonstrates a strong rental market with a good yield despite a low rental price median. Bombo, NSW 2533, offers a peaceful lifestyle for residents with diverse occupations and good income levels. Investors eyeing the housing market in Bombo can benefit from the suburb's growth potential, low days on market, and opportunities for renovations in the high-priced range. The strong rental demand further enhances the investment appeal of this up-and-coming suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022