A boxing-glove and a medal for Bowral's neighbour (9)

'bowral's neighbour' is the definition.
I know nothing about this answer so I cannot judge whether it can be defined by this definition.

'a boxing-glove and a medal' is the wordplay.
'a boxing-glove' becomes 'mitt' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'and' is a charade indicator (letters next to each other).
'medal' becomes 'gong' (informal term for a medal or prize).
'mitt'+'a'+'gong'='MITTAGONG'

'for' is the link.

Can you help me to learn more?