Broken Hill suburb profile
Broken Hill is a historic mining city located in the far west of New South Wales, renowned for its rich mineral deposits and vibrant arts scene. Often referred to as the "Silver City," it boasts a unique outback charm with a strong sense of community and heritage. The city is surrounded by stunning desert landscapes and is a gateway to the Australian outback, offering a distinctive blend of natural beauty and cultural attractions. With its iconic mining history, art galleries, and annual festivals, Broken Hill attracts tourists and residents seeking a blend of history, culture, and rugged natural beauty.
Broken Hill property market performance
Current median dwelling price$547,500Past 3 months
Broken Hill’s property market has experienced significant growth over the past 12 months, with house values increasing by 20%, bringing the median house price to $260,000. The unit market remains stagnant, with no change in median value and limited sales activity, reflecting a lack of demand or supply in this segment.
Sales activity for houses has been robust, with 123 houses sold over the last 12 months, while only 3 units were sold, indicating a strong preference for houses. Houses are spending a median of 57 days on the market, suggesting a moderate pace of sales.
The rental market in Broken Hill has seen notable increases, with house rents rising by 8.8% and unit rents by 8.3% over the last 12 months, highlighting a growing demand for rental properties in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $275K | N/A |
Change in value Past 12 months | 27.7% | N/A |
Sold Past 3 months | 128 | 2 |
Median days on market Past 12 months | 57 | N/A |
Average rent Past 12 months | $370 | $250 |
Change in rent Past 12 months | 8.8% | 4.2% |
5 year median price trend for houses and units
Broken Hill demographics
Broken Hill, located in the far west of New South Wales, is a unique outback town known for its rich mining history and vibrant arts scene. With a population of 17,706, it offers a blend of historical charm and community spirit. The median age of 44 suggests a mature population, with many long-term residents who appreciate the town's heritage and slower pace of life. The town's economy has traditionally been centered around mining, but it has diversified over the years to include tourism and the arts, attracting visitors with its striking landscapes and cultural offerings.
Housing in Broken Hill is characterized by a high rate of outright ownership, with 44% of properties owned outright, reflecting the stability and long-term commitment of its residents. Additionally, 31.3% of homes are owned with a mortgage, while 24.7% are rented, indicating a balanced housing market that caters to both established families and newcomers. The community is predominantly made up of couple families, with 31.6% having children and 43% without, while one-parent families account for 23.5% of the population, highlighting the suburb's family-friendly nature.
The median household income of $1,176 per week reflects the town's working-class roots, with employment opportunities primarily in mining, healthcare, and education. Broken Hill's unique blend of history, culture, and community makes it a distinctive place to live, offering a peaceful lifestyle with the conveniences of a regional center. Its iconic landscapes and artistic heritage continue to draw interest from across Australia, making it a fascinating destination for both residents and visitors alike.
Broken Hill infrastructure, key developments and investment opportunities
Broken Hill is being shaped by its status as Australia’s first National Heritage listed city, which supports tourism appeal and reinforces its long-term character value. The city’s historic mining identity and outback setting continue to underpin demand from buyers seeking a distinctive regional lifestyle and established community amenities.
Broken Hill also benefits from its role as the main service centre for the Far West, with access to major highways, rail infrastructure and local government services. At present, there are no major new local projects in the available information that appear likely to materially shift the property market in the near term.
Broken Hill rental market trends
The rental market in Broken Hill has experienced moderate growth, with house rents increasing by 8.8% over the past year to $370 per week, while unit rents have risen by 8.3% to $260 per week. As a regional hub with a rich history and unique lifestyle, Broken Hill continues to attract renters and investors seeking affordable options with potential for steady returns.
Suburbs near Broken Hill
Some popular suburbs near Broken Hill include:
How does Broken Hill compare to nearby suburbs?
- Median house prices: Broken Hill’s median house price is 44.4% lower than Merbein’s.
- House price growth: Over the past 12 months, house prices in Broken Hill have grown 27.0% higher than in Wentworth.
- Selling speed for houses: Properties in nearby Wentworth are selling 22.8% faster than in Broken Hill.

