Banoon is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2347). With a population of 19, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Banoon is $3.2 million, having surged 814.3% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.3%.
Public transport access includes 1 bus stop. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Banoon offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($3.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 50.9x is considered stretched. House prices have moved +814.3% year-on-year.
Banoon is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2347). With a population of 19, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Banoon is $3.2 million, having surged 814.3% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.3%.
Public transport access includes 1 bus stop. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Banoon offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($3.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 50.9x is considered stretched. House prices have moved +814.3% year-on-year.