Bourkelands, NSW

OVERVALUED

2,860 sales · 36 years of data · NSW, Australia

$685,000
Median (All)
$694,500
Median (Houses)
$539,900
Median (Apartments)
7.6%
10yr CAGR
5.7%
36yr CAGR
2.8%
Strata %
36 years of data · 2,860 sales analysed · 2,500+ suburbs · Updated weekly

Bourkelands, NSW Property Market Overview

Bourkelands, NSW 2650, is a residential suburb located within the broader region of Wagga Wagga. Our analysis of the Bourkelands property market spans 36 years, encompassing a total of 2,860 recorded sales. The current median property price in Bourkelands (all property types) sits at $685,000, with houses slightly higher at $694,500 and apartments at $539,900.

Bourkelands is notable for its established housing stock and relatively stable market. While not as densely populated as inner-city suburbs, Bourkelands offers a mix of housing options, though apartments represent a smaller proportion of the overall property landscape. The suburb's historical growth, as reflected in its long-term capital appreciation, adds to its appeal for homeowners and investors alike.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $1,040,142
Based on the 10-year compound annual growth rate of 7.6%
Predominantly houses3% apartments
97% of sales are houses and other non-strata properties
Loading chart...

Property Mix

97%
Houses 97%$694,500Apartments 3%$539,900

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Bourkelands

Street Rankings

Top streets in Bourkelands, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Berembee RdHouse9$647,000
2Bourkelands DrHouse8$653,750
3Bedervale StHouse7$570,000
4Overdale DrHouse6$673,375

... and 49 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Kaloona DrHouse15$906/m²
2Marylands WayHouse3$1,378/m²
3Exford LoopHouse4$1,314/m²
4Balala CresHouse5$918/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Brooklyn DrHouse+6.4%
2Marylands WayHouse+5.9%
3Bourkelands DrHouse+6.9%
4Berembee RdHouse+7.0%

... 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.

Building Analytics

Building-by-building comparison

3
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

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
Risk Indicator

Settlement times & problem streets

48
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

3%
apartments across 3 buildings

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

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53 streets and 3 buildings to explore

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3 street rankings
All 53 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
3 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,860 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Bourkelands at a Glance

Region
Riverina
CBD Distance
450km southwest of Sydney CBD
Train Station
Wagga Wagga Station (XPT)
Council
Wagga Wagga City Council
Property Character
Established residential suburb with detached houses
Community
Families and established homeowners

Bourkelands, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Bourkelands, NSW

Bourkelands offers a relaxed suburban lifestyle within Wagga Wagga. Residents of Bourkelands enjoy access to various local amenities, including parks and recreational areas. While Bourkelands itself might not have its own dedicated train station, transport options are available via bus routes connecting to Wagga Wagga's transport hub. Families in Bourkelands often appreciate the proximity to good schools, such as Bourkelands Public School and South Wagga Public School.

The suburb provides a sense of community, with local shops and services catering to the daily needs of residents. While larger shopping centres might be a short drive away, Bourkelands offers a peaceful residential environment. The character of Bourkelands is defined by its established homes, green spaces, and a friendly atmosphere, making it an attractive option for those seeking a quieter lifestyle.


Who Buys in Bourkelands?

The typical buyer in Bourkelands is often a family or established homeowner seeking a stable residential environment. With a median house price of $694,500 and a low strata percentage (2.8%), Bourkelands primarily attracts those looking for traditional housing options. The historical growth rates, including a 10-year CAGR of 7.6%, appeal to buyers seeking long-term capital appreciation. While not exclusively a first-home buyer market due to the median price, Bourkelands can be attractive to those looking to settle down in a family-friendly area.

Market Analysis

The Bourkelands property market, as of early 2026, is currently positioned above its long-term trend. This indicates that Bourkelands is in overvalued territory within the property cycle.

Such a position suggests that property prices in Bourkelands may be elevated compared to their historical average. This doesn't necessarily mean prices will fall, but potential buyers might want to consider the market dynamics carefully. Existing homeowners in Bourkelands may find it a favourable time to consider their options, while prospective purchasers should analyse the data to make informed decisions.


Is Bourkelands a Good Investment?

Bourkelands has demonstrated consistent growth over the long term, as evidenced by its historical CAGR figures. The 20-year CAGR of 11.2% highlights the suburb's potential for capital appreciation. However, as of early 2026, the Bourkelands property market is currently positioned above its long-term trend.

This cycle position suggests a period of potential price consolidation or slower growth compared to the past. While Bourkelands offers a stable residential environment and access to amenities, potential buyers should carefully analyse market conditions before making any decisions. The growth drivers in Bourkelands include its location within Wagga Wagga, its established housing stock, and its family-friendly atmosphere.


Bourkelands Market Outlook

As of early 2026, the Bourkelands property market is showing signs of being above its long-term trend. Recent price trends indicate that the market may be cooling after a period of strong growth. While property values in Bourkelands remain relatively stable, potential buyers and sellers should be aware of the current market dynamics. The overall outlook for Bourkelands will depend on factors such as interest rates, economic conditions, and local demand.

Streets & Location in Bourkelands, NSW

Bourkelands, with the postcode 2650, is characterised by a network of 53 streets. Among the streets in Bourkelands, KALOONA DR, ILLEURA RD, and BEREMBEE RD have historically shown higher median property prices. The location of Bourkelands within Wagga Wagga provides access to regional amenities and services while maintaining a suburban atmosphere. The varying property values across different streets within Bourkelands highlight the importance of location-specific analysis.

Market Dynamics

The property market in Bourkelands demonstrates relatively efficient transaction times, with an average settlement period of 48 days. The quick-flip percentage is not applicable, as it is not available in our dataset. The settlement timeframe indicates the time it takes for property sales to finalise in Bourkelands, reflecting the efficiency of the local market. Market dynamics in Bourkelands are influenced by various factors, including interest rates, economic conditions, and local demand.

Development & Density

Bourkelands exhibits a relatively low development density, with only 3 apartment buildings present in the suburb. The housing composition in Bourkelands is primarily detached houses, contributing to its suburban character. With a small percentage of strata-titled properties (2.8%), Bourkelands is dominated by single-family dwellings. This low density reflects the established residential nature of Bourkelands and limits the availability of apartment-style living.

Growth & Property Mix

Over the past decade, Bourkelands has seen a compound annual growth rate (CAGR) of 7.6%. Looking further back, the 20-year CAGR stands at 11.2%, demonstrating robust historical growth. Across the entire 36-year data period, the CAGR is 5.7%. The property mix in Bourkelands is predominantly houses, with apartments representing a smaller segment, as indicated by the strata title 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.

Frequently Asked Questions about Bourkelands, NSW

What is the median property price in Bourkelands?
The current median property price in Bourkelands is $685,000, encompassing all property types. Houses have a slightly higher median of $694,500, while apartments are at $539,900.
Is Bourkelands overvalued or undervalued?
As of early 2026, the Bourkelands property market is positioned above its long-term trend. This suggests that Bourkelands is currently in overvalued territory within the property cycle.
How has the Bourkelands property market performed over 10 years?
The Bourkelands property market has seen a compound annual growth rate (CAGR) of 7.6% over the past 10 years. This indicates solid growth in property values during that period.
What percentage of Bourkelands is apartments vs houses?
Apartments represent a smaller proportion of the property landscape in Bourkelands. Only 2.8% of properties in Bourkelands are strata-titled, meaning the vast majority are houses.
Where is Bourkelands in the property cycle?
Currently, as of early 2026, Bourkelands is positioned above its long-term trend. This indicates that the suburb is in overvalued territory within the property cycle.
What schools are near Bourkelands?
Bourkelands is conveniently located near several schools, including Bourkelands Public School and South Wagga Public School. These schools provide educational options for families residing in the suburb.
What is Bourkelands like to live in?
Bourkelands offers a relaxed suburban lifestyle with a strong sense of community. Residents enjoy access to parks, local shops, and a peaceful residential environment.
Is Bourkelands good for families?
Bourkelands is generally considered a good suburb for families due to its established homes, access to schools like Bourkelands Public School, and parks. The suburb's quiet residential character also contributes to its appeal for families.
How far is Bourkelands from Sydney CBD?
Bourkelands is approximately 450km southwest of the Sydney CBD. While not a commutable distance, Wagga Wagga offers regional connectivity to Sydney via the XPT train service.
What transport options are in Bourkelands?
While Bourkelands itself doesn't have a train station, residents can access the Wagga Wagga Station via bus routes. Major roads also provide connectivity to other parts of Wagga Wagga and the surrounding region.
How does Bourkelands compare to nearby suburbs?
Bourkelands generally offers similar median property prices to other established suburbs in Wagga Wagga. Growth rates may vary depending on specific factors such as property type and location within the suburb.
Is Bourkelands a good first home buyer suburb?
Bourkelands may be an option for first home buyers, but it depends on their budget and preferences. The median house price of $694,500 might be a barrier for some, but the suburb's established character and family-friendly environment could be appealing.
What are the best streets in Bourkelands?
KALOONA DR, ILLEURA RD, and BEREMBEE RD have historically shown higher median property prices in Bourkelands. These streets may offer premium locations or larger properties within the suburb.
How many properties have been sold in Bourkelands?
A total of 2,860 properties have been sold in Bourkelands over the 36 years of data recorded. This indicates an active and established property market in the suburb.
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