Get a property report and suburb profile for any property in Broken Hill

Broken Hill is an outback mining city set against the red, sunburnt Barrier Ranges, where sandstone and corrugated-iron cottages sit alongside more recent suburban homes and visible remnants of the mine and Line of Lode. Everyday life centres on regional services, pubs and community facilities, while a lively arts scene of galleries and public sculptures adds a cultural thread. Road links and a regional airport connect the town to the wider region.

About 17,706 people live in Broken Hill and the median age is 44. Residents range from miners and service workers to artists, families and retirees, and most homes are owner-occupied. Council and government investment has recently upgraded health and civic facilities and there is ongoing work for parks, community centres, housing and the CBD. That mix tends to suit people after a regional, historically industrial town with an active arts and civic life.

Housing costs in Broken Hill 2880, measured against what a typical local household earned at the last Census, show buying and renting sit differently. A median house price of $270,000 works out to about 4.4 times a typical local annual household income at the last Census (weekly income $1,176 × 52 = $61,152 a year), which places buying somewhat above local incomes.

On the rental side, a house rent of $370 a week would take about 31.5% of a typical local household's weekly income at the last Census, a sizeable share, while a unit rent of $260 a week would take about 22.1%, a moderate share. If you are renting rather than buying, those rent shares are the most directly relevant numbers; whether they 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.

The most notable movement in Broken Hill over the past 12 months was a strong 25.0% rise in median house values. House rents climbed 5.7% over the same period, so on the houses side capital growth outpaced rental income growth. Unit rents rose 8.3%, increasing faster than house rents this year, so if rental income is your priority that figure is the one to watch.

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.