Question 1

Is Bourkelands a nice place to live?

Accepted Answer

Bourkelands is a family-focused residential suburb on the southern edge of Wagga Wagga, made up largely of modern, detached homes in planned streets with pocket parks, playgrounds and sporting fields. Streets are generally quiet and tree-lined, with a mix of single-storey and contemporary two-storey houses on modest blocks. Day-to-day needs are covered by local shops and community facilities, while larger retail and cultural amenities in central Wagga and nearby river reserves are within easy reach for recreation.

Home to 3,113 people with a median age of 35, Bourkelands leans strongly towards families and is mostly owner-occupied. The council is carrying out a number of transport and active-travel works around Bourke Street, a shared-path link into the southern suburbs is in the program, and Jubilee Park is the focus of masterplanning and sporting upgrades. That combination of suburban space, nearby services and local investment makes Bourkelands a practical choice for young families and households wanting room close to the city’s schools, shops and health services.

Question 2

Is it expensive to live in Bourkelands?

Accepted Answer

Buying in Bourkelands looks more stretched against local incomes at the last Census than renting does. A median house price of $810,000 works out to about 7.1 times a typical local annual household income at the last Census, which puts buying well above local incomes.

On the renting side, a house rent of $625 a week would take about 28.4% of a typical local household's weekly income at the last Census, and a unit rent of $550 a week would take about 25.0%. If you're renting rather than buying, those rent shares are the figures that matter.

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 Bourkelands a good place to invest?

Accepted Answer

Unit rents in Bourkelands jumped 12.2% over the past year, a strong rise. House rents also increased, up 8.1%, while median house values rose a solid 6.9% over the same period. That means rental income growth outpaced capital growth on houses this year, and unit rents were the strongest mover among the figures provided.

Which of those movements matters to you depends on your goals — if rental income is your priority the rent figures are most relevant, while capital growth is reflected in the value change. Whether that balance suits your plans and circumstances is for you to weigh up.

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	$810K	N/A
Change in value Past 12 months	6.9%	N/A
Sold Past 3 months	17	5
Median days on market Past 12 months	36	N/A
Average rent Past 12 months	$625	$550
Change in rent Past 12 months	8.1%	12.2%

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