Duri (postcode 2344) is a small, quiet locality in New South Wales within the Tamworth Regional local government area. It is home to about 463 residents, with a settled, mature resident base and a median age of 47. Households earn a median income of $88K per year, with an average household size of 2.5 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, clerical & administrative. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Scottish.
Duri has a median house price of $700,000, which has jumped by 33.3% year-on-year. The median weekly rent is $320 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,517.
Duri is served by 1 school, including 1 primary. The average ICSEA score is 842, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 28 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,891 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.4%, which reads as low yield. Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +33.3% year-on-year.