Question 1

Is Boulder a nice place to live?

Accepted Answer

Boulder is the historic townsite at the heart of Kalgoorlie-Boulder. Its compact gold-rush centre has grand hotels, civic buildings and a short main street of cafes, pubs and shops.

Couple families with children are the largest family group, most homes are owner-occupied and the median age is 35. Local life centres on the main street, with community halls and sporting grounds nearby and Mount Charlotte reserve providing walking trails and lookouts, and Boulder Primary School has received a new play structure and was included in funding commitments for air-conditioning and playground and basketball upgrades.

Question 2

Is it expensive to live in Boulder?

Accepted Answer

A typical local household in Boulder earned about $1,968 a week at the last Census. A median house price of $491,000 works out to about 4.8 times a typical local annual household income, so buying a house sits somewhat above local incomes. For renters, a house rent of $620 a week would take about 31% of that weekly income and a unit rent of $550 a week about 28%, which means house rent would take a sizeable share of a typical local household's income while unit rent would take a moderate share.

If you're renting rather than buying, the rent share is the figure that matters most; whether these ratios feel expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Boulder a good place to invest?

Accepted Answer

The most striking moves in Boulder in the last 12 months are in property values: unit values jumped 28.0% and house values climbed 19.3%. Rents also rose, with house rents up 12.7% and unit rents up 10.0%.

For both houses and units the changes show larger movement in capital values than in rental income, and the gap between value and rent growth is particularly wide for units.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$491K	N/A
Change in value Past 12 months	19.3%	28.0%
Sold Past 3 months	22	2
Median days on market Past 12 months	12	14
Average rent Past 12 months	$620	$550
Change in rent Past 12 months	12.7%	10.0%

	Suburb	WA
Median age years	35	38
Median household income weekly	$1,968	$1,815
Couples with children share of families	41.3%	44.6%
Couples without children share of families	36.1%	38.8%
One-parent families share of families	20.4%	15.1%
Homes owned outright share of homes	21.5%	30.2%
Homes with a mortgage share of homes	42.8%	41.4%
Homes rented share of homes	35.7%	28.3%

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