Calala is a smaller suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 4,577, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $97K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Calala is $670,000, having risen modestly 0.4% over the past year. Units have a median price of $500,000 (+23.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,600.
Calala is served by 1 school, including 1 secondary. The average ICSEA score is 1025, which is around the national average of 1,000. Public transport access includes 98 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Calala offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($670K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +0.4% year-on-year.
Calala is a smaller suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 4,577, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $97K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Calala is $670,000, having risen modestly 0.4% over the past year. Units have a median price of $500,000 (+23.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,600.
Calala is served by 1 school, including 1 secondary. The average ICSEA score is 1025, which is around the national average of 1,000. Public transport access includes 98 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Calala offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($670K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +0.4% year-on-year.