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Bourke

NSW 2840LGA: Bourke Shire

Investment Score

68

/100

AI Intelligence Summary

Bourke is a remote town in far north-western NSW, situated on the Darling River approximately 800km northwest of Sydney. Serving as the administrative center of Bourke Shire, this historic outback town has a population of around 2,800 residents with a significant Aboriginal and Torres Strait Islander community representing the traditional Ngemba, Muruwari and Barkinji peoples. The town's economy is primarily driven by agriculture, mining, and tourism, with the famous Back O' Bourke Exhibition Centre attracting visitors to experience authentic outback culture. Property values are significantly below NSW averages, reflecting the remote location and limited employment opportunities. Infrastructure includes the Mitchell Highway connection, Bourke Airport for regional services, and NBN broadband, though public transport options are limited. The community maintains a strong spirit with local clubs and organizations, while essential services include Bourke Central School (K-12) and Bourke District Hospital. The aging population demographic and youth migration present ongoing challenges, though government investment in water security and tourism infrastructure offers potential for economic diversification.

Strengths

  • Rich Aboriginal cultural heritage and authentic outback experience
  • Strategic location on major regional transport routes (Mitchell Highway, Kidman Way)
  • Affordable property prices with high rental yields
  • Strong community spirit and local support networks

Opportunities

  • Tourism growth leveraging outback and cultural experiences
  • Agricultural technology and sustainable farming practices
  • Mining sector development in surrounding regions
  • Government infrastructure investment in regional areas

Considerations

  • Remote location with limited employment opportunities
  • Aging population with youth migration to cities
  • Limited retail, dining and entertainment options
  • Vulnerability to drought and climate variability

Property Market

Median House

$95K

+2.1% 1yr

Median Unit

$65K

+1.8% 1yr

Rent (House)

$240/wk

Rent (Unit)

$180/wk

Days on Market

180

Vacancy Rate

12.5%

Auction Clearance

45.0%

Price Growth

Type1 Year3 Year5 Year
House+2.1%+8.5%+12.0%
Unit+1.8%+6.2%+9.5%

Rental Yields

House Yield

8.5%

Unit Yield

9.2%

Investment Scorecard

Overall Investment Score68/100
Growth Potential62/100
Cashflow Score82/100
Risk Score (lower = safer)55/100
Affordability Index85/100

Demand/Supply Ratio: 0.80

Supply exceeds demand — favourable for buyers

Tax & Financial Intelligence

CPA-grade analysis for Bourke at median house price

Standard transfer
$1,530
First Home Buyer
Exempt

Save $1,530

Foreign buyer surcharge
$7,600

+8% surcharge

Annual rent income
$12,480

$240/wk

Interest (80% LVR @ 6.5%)
-$4,940
Other expenses (~2.5%)
-$2,375
Net rental position
+$5,165

Positively geared

After-tax holding cost
+$5,165/yr

Cash flow positive

Based on 2.4% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$106,960
Capital gain
$9,955
After discount
$4,978
CGT payable
$1,941

10-Year Hold

Est. value
$120,427
Capital gain
$23,422
After discount
$11,711
CGT payable
$4,567

Investor Quick Summary

Entry cost (stamp duty)

$1,530

After-tax yield

5.18%

Weekly holding cost

Cash positive

10yr CGT (est.)

$4,567

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

2,800

Median Age

42

Median Income

$45K

per annum

Family Households

52.0%

Professionals

25.0%

University Educated

18.0%

Unemployment

8.2%

Born Overseas

8.0%

Dwelling Mix

Houses: 85%Units: 12%Townhouses: 3%Total: 1,350

Lifestyle & Community

Walkability45/100
Public Transport2/10
Schools Rating6/10
Safety8/10
Family Friendly7/10
Cafes & Restaurants

8

Parks

5

Hospitals

1

Distance to CBD

800.0 km

Nearest Station: No passenger rail service

Quiet rural lifestyle with outdoor recreation opportunities, cultural experiences, and close community connections. Limited urban amenities but strong sense of place and belonging.

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Data sourced from multiple sources. Last updated 26 March 2026.

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