Drildool is a quiet locality in New South Wales within the Narrabri local government area (postcode 2386). With a population of 23, the suburb has a mature demographic with a median age of 50. Households earn a median income of $74K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Drildool is $18 million, having surged 519.8% over the past year. The median weekly rent is $50 (Census 2021). This gives a gross rental yield of approximately 0.0%. The median monthly mortgage repayment is $5,000.
The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Drildool offers a gross rental yield of 0.0%, rated as low yield. Property prices are above the state median ($18.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 244.5x is considered stretched. House prices have moved +519.8% year-on-year.
Drildool is a quiet locality in New South Wales within the Narrabri local government area (postcode 2386). With a population of 23, the suburb has a mature demographic with a median age of 50. Households earn a median income of $74K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Drildool is $18 million, having surged 519.8% over the past year. The median weekly rent is $50 (Census 2021). This gives a gross rental yield of approximately 0.0%. The median monthly mortgage repayment is $5,000.
The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Drildool offers a gross rental yield of 0.0%, rated as low yield. Property prices are above the state median ($18.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 244.5x is considered stretched. House prices have moved +519.8% year-on-year.