Short Street, Bourke

9 Short Street, Bourke — Investment Property

We have acquired the property at 9 Short Street, Bourke, as a renovation-led investment in one of outback NSW's most resilient regional communities. Positioned on an 885sqm block in an established part of town, this residence has been identified for its strong potential to be transformed into a premium, move-in-ready home, the kind of quality that is genuinely hard to find in this market. With restoration now underway, we are focused on delivering a finished product that commands attention and performs well above its acquisition price.

Why Bourke?

Bourke continues to prove its worth as a regional investment destination. Serving as the major service centre for the Far West of NSW, Bourke is home to a wide range of government departments, health services, and schools, institutions that drive consistent, year-round housing demand regardless of broader market cycles. For investors, the fundamentals are hard to ignore: rental yields in Bourke sit at 5.58%, well above the national benchmark, while median listing prices have grown 14.86% over the past year and available stock on the market has contracted by 22.58%, a clear signal that demand is tightening and quality supply is not keeping pace. In a town where well-presented homes are scarce, a fully restored property doesn't just fill a gap, it sets the benchmark.

Projected Outcome

Following restoration, 9 Short Street will be presented as a premium, move-in-ready residence in a market where finished, quality homes are in short supply. This modernisation is estimated to achieve a significant valuation uplift, positioning the property well above comparable listings and delivering superior margins and strong equity growth. With Bourke's rental yields among the strongest in regional NSW and stock continuing to tighten, we are confident this asset will perform. At Charlie Property, we find value where others aren't looking, and a well-executed renovation in a high-yield, supply-constrained market like Bourke is exactly where that value is created.