Goonoo Goonoo NSW

Postcode 2340 · Tamworth Regional LGA

Goonoo Goonoo is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 42, the suburb has a mature demographic with a median age of 49. Households earn a median income of $134K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, sales. The top ancestries reported are English, Australian, Scottish.

The median house price in Goonoo Goonoo is $425,000, having dropped significantly 38.3% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $4,788.

Public transport access includes 1 rail station, 1 bus stop. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.

From an investment perspective, Goonoo Goonoo offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($425K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.2x is considered affordable. House prices have moved -38.3% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.9% High Yield
Price vs State$425K/$1.5M Below Median
Affordability3.2x Affordable
Price Momentum-38.3% Falling
SEIFA INDEX (ABS)
Advantage10/10
Education9/10
Economic10/10
Disadvantage9/10
MEDIAN HOUSE
$425K
-38.3% YoY
MEDIAN RENT /WK
$300
POPULATION
42
DEMOGRAPHICS
Median Age49
Household Size2.8
HH Income /wk$2,583
Personal Income /wk$933
Mortgage /mth$4,788
CRIME (Tamworth Regional LGA)
Crime Rate (per 100k)6,745
Total Incidents4,401
TRANSPORT
Rail Stations1
Bus Stops1
Goonoo Goonoo Station, New England Hwy
Data: 2023