Broken Hill is Australia's most remarkable outback city — a UNESCO World Heritage-listed cultural landscape where the extraordinary heritage streetscapes, world-class art galleries, and the legendary Pro Hart and Brushmen of the Bush artistic legacy create a tourism economy supplementing significant mining sector employment from BHP's ongoing silver-lead-zinc operations. Australia's highest solar radiation city (1,950 kWh/year savings), extremely affordable sub-$280K houses, and yields approaching 8.5% from mining and government sector tenants create the nation's most extreme yield/affordability investment combination. At the current $280k median house price, an 80% loan at 6.25% over 30 years is about $1,379 per month.
| Median house price | $280,000 |
|---|---|
| Median unit price | $215,000 |
| Estimated monthly repayment | $1,379 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 8.5% |
| Typical days on market | 25 |
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