Bourke, NSW
FAIR VALUE1,652 sales · 36 years of data · NSW, Australia
Bourke, NSW Property Market Overview
Bourke, NSW, postcode 2840, presents a unique picture of the Australian property market. Located in the far west of New South Wales, Bourke offers a glimpse into regional property dynamics. With 36 years of recorded data, AusPropertyInsights.app has tracked 1,652 property sales in Bourke, providing a comprehensive historical perspective. The current median property price (all types) in Bourke stands at $220,000.
Primarily consisting of houses, Bourke lacks apartment buildings, reflected in the absence of apartment-specific median price data. This focus on detached housing contributes to the suburb's character and market behaviour. Bourke's property market, while not exhibiting rapid growth, demonstrates a consistent, if modest, upward trend over the long term. The suburb's remoteness and strong community feel contribute to its unique appeal.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Bourke
Top streets in Bourke, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Oxley St | $232,500 |
| 2 | Hope St | $144,000 |
| 3 | Hume Pl | $323,750 |
| 4 | Cullie St | $323,750 |
... and 105 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Sturt St | $163/m² |
| 2 | Anson St | $204/m² |
| 3 | Oxley St | $240/m² |
| 4 | Tudor St | $151/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Darling St | -0.9% |
| 2 | Short St | +1.2% |
| 3 | Tudor St | +4.1% |
| 4 | Tarcoon St | +3.5% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Bourke analysis
109 streets to explore
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Bourke at a Glance
Bourke, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Bourke, NSW
Life in Bourke offers a unique outback experience with a strong sense of community. The town serves as a hub for the surrounding region, offering essential services and amenities. While specific schools in Bourke include Bourke High School and Bourke Public School, catering to the educational needs of local families. For shopping, residents rely on local businesses and supermarkets within the town centre.
Bourke's character is defined by its connection to the land and its pioneering spirit. The Darling River plays a significant role in the town's identity and recreational opportunities. Parks and green spaces provide areas for relaxation and outdoor activities. The community comes together for local events and festivals, fostering a strong sense of belonging. Bourke offers a relaxed pace of life away from the hustle and bustle of city living.
Who Buys in Bourke?
The buyer profile in Bourke is likely diverse, encompassing families, first home buyers, and potentially investors seeking affordable property options. The median house price of $220,000 makes Bourke accessible to those entering the property market. The negligible strata percentage indicates a preference for houses over apartments. While historical growth rates have been modest, the affordability factor may attract buyers looking for long-term value. The lack of quick-flip data suggests limited speculative activity. Bourke's appeal likely lies in its affordability and lifestyle rather than rapid capital appreciation.
Market Analysis
As of early 2026, Bourke's property market cycle position is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Bourke are currently aligned with historical performance and broader economic factors. While deviations from the long-term trend can present opportunities or risks, Bourke's current position implies a balanced market.
This fair value assessment, derived from AusPropertyInsights.app's proprietary algorithms, considers factors such as price growth, rental yields, and economic indicators specific to the Bourke region. While the property market can be influenced by external factors, Bourke's relative stability suggests a degree of resilience.
Is Bourke a Good Investment?
Considering the question, 'Is Bourke a good investment?', it's important to analyse the historical data and current market conditions. Bourke's property market, as of early 2026, is assessed to be near its long-term trend, indicating fair value. This suggests that prices are currently aligned with historical performance. The 10-year CAGR of 1.3% reflects a modest rate of growth.
However, the 20-year CAGR of 3.3% demonstrates a more substantial period of appreciation. The full-period CAGR of 1.1% provides a longer-term perspective, considering all available data. The drivers of property values in Bourke are likely linked to local economic factors, population trends, and the availability of housing. While Bourke may not offer the rapid growth seen in metropolitan areas, it presents a stable and affordable property market with the potential for long-term appreciation.
Bourke Market Outlook
As of early 2026, Bourke's property market is assessed to be near its long-term trend, indicating fair value. Recent price trends have reflected this stability, with modest fluctuations within the established range. The market in Bourke remains relatively consistent, influenced by local economic factors and demand for housing. The absence of significant development activity further contributes to the suburb's stability. While external factors can impact the property market, Bourke's relative isolation and strong community ties may provide a degree of resilience.
Streets & Location in Bourke, NSW
Bourke, NSW, postcode 2840, features a network of 109 streets, each contributing to the suburb's unique character. Among the streets with higher median prices are Harris Street, Mertin Street, and Hope Street. These streets, while not representative of the entire suburb, offer a glimpse into the more desirable locations within Bourke. Situated in the outback of NSW, Bourke's location shapes its property market dynamics, influencing demand and accessibility.
Market Dynamics
Transaction patterns in Bourke reveal an average settlement timeframe of 56 days. This suggests a relatively standard period for property sales to complete, reflecting typical conveyancing processes in regional NSW. Due to the limited data available, quick-flip percentages are not currently available for Bourke. Understanding these market dynamics provides insights into the pace and nature of property transactions within Bourke.
Development & Density
Bourke is characterised by low development density, with no apartment buildings recorded in the area. This absence of strata properties underscores the dominance of detached housing in the suburb. The property composition in Bourke reflects a traditional Australian suburban landscape, with single-family homes being the predominant housing type. This low-density environment contributes to the suburb's character and lifestyle.
Growth & Property Mix
Historically, Bourke's property market has shown steady, long-term growth. Over the past 10 years, Bourke has experienced a Compound Annual Growth Rate (CAGR) of 1.3%. Looking further back, the 20-year CAGR stands at 3.3%, reflecting a more substantial period of growth. However, the full-period CAGR, spanning 36 years, is 1.1%, indicating a slower overall rate of appreciation considering all data points. The property mix in Bourke is overwhelmingly houses, with a negligible strata percentage.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.