Dumaresq is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 80, the suburb has an established demographic with a median age of 42. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Dumaresq is $1.5 million, having dipped slightly 0.3% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,500.
Public transport access includes 15 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Dumaresq offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 17.3x is considered stretched. House prices have moved -0.3% year-on-year.
Dumaresq is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 80, the suburb has an established demographic with a median age of 42. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Dumaresq is $1.5 million, having dipped slightly 0.3% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,500.
Public transport access includes 15 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Dumaresq offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 17.3x is considered stretched. House prices have moved -0.3% year-on-year.