Delungra is a small community in New South Wales within the Inverell local government area (postcode 2403). With a population of 625, the suburb has a mature demographic with a median age of 45. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Delungra is $312,000, having surged 16.6% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,004.
Delungra is served by 1 school, including 1 primary. The average ICSEA score is 827, which is well below the national average of 1,000. Public transport access includes 1 rail station, 21 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Delungra offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($312K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +16.6% year-on-year.
Delungra is a small community in New South Wales within the Inverell local government area (postcode 2403). With a population of 625, the suburb has a mature demographic with a median age of 45. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Delungra is $312,000, having surged 16.6% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,004.
Delungra is served by 1 school, including 1 primary. The average ICSEA score is 827, which is well below the national average of 1,000. Public transport access includes 1 rail station, 21 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Delungra offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($312K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +16.6% year-on-year.