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Broke, NSW 2330
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,225,000
market range $1.1M-$1.3M
Median Unit
$440,000
Gross Yield (units)
5.8%
1yr Growth (houses)
+22.8%
market range +7.5% to +40.0%
Investment snapshot for Broke
Broke has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Broke market and investor summary
In Broke, NSW 2330, the median house sells for around $1.2M. House prices have moved +22.8% over the past year. At 4.2% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 4.2% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 78 days on market, so plan for a slower exit if you ever need one.
Living in Broke: people, income and schools
Broke is home to around 557 people, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $89,000 a year (about $1,720 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 13.7 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 34 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 557
- +3% over 5yr
- Median age
- 43 years
- Median household income
- $89,000/yr
- Households renting
- 14%
- Family households
- 72%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 986
- Unemployment
- 3.2%
- Walk score
- 34/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Broke
No properties currently listed in Broke
Search Broke listings →Frequently asked questions about Broke
What should I check before investing in Broke?
Broke has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.8%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +22.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Broke?
The median property price in Broke, NSW 2330 is $1.2M for houses and $440K for units.
What rental yield does Broke show?
The gross rental yield in Broke is 5.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Broke?
House prices in Broke are up 22.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Broke?
The current vacancy rate in Broke is 4.2%. 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 Broke?
Broke has a population of approximately 557 residents, with a median age of 43.
What schools are near Broke?
There are 1 school within roughly 5km of Broke. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Broke affordable to buy in?
A median house in Broke costs about 13.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Broke's population growing?
The population of Broke has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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