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Boorcan, VIC 3265

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$330,000

market range $300K-$675K

Median Unit

$475,000

Gross Yield (units)

2.6%

1yr Growth

-

Investment snapshot for Boorcan

Boorcan has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Boorcan market and investor summary

Boorcan (VIC 3265) runs a median house price of $330K. At 4.0% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 4.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Boorcan: people, income and schools

Boorcan is home to around 142 people, a number that has held fairly steady over five years. The median age is 39, broadly working-age, and families account for 69% of households.

Households here earn a median of about $67,000 a year, or roughly $1,290 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to roughly 4.9 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
142
+2% over 5yr
Median age
39 years
Median household income
$67,000/yr
Households renting
24%
Family households
69%
Socio-economic rank
7/10
ABS advantage index
Unemployment
1.8%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Boorcan

No properties currently listed in Boorcan

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Frequently asked questions about Boorcan

What should I check before investing in Boorcan?

Boorcan has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Boorcan?

The median property price in Boorcan, VIC 3265 is $330K for houses and $475K for units.

What rental yield does Boorcan show?

The gross rental yield in Boorcan is 2.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Boorcan?

The current vacancy rate in Boorcan is 4.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Boorcan?

Boorcan has a population of approximately 142 residents, with a median age of 39.

Is Boorcan affordable to buy in?

A median house in Boorcan costs about 4.9 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Boorcan's population growing?

The population of Boorcan has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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