Ironbark is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2347). With a population of 22, the suburb has a mature demographic with a median age of 53. Households earn a median income of $42K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Ironbark is $2.1 million, having surged 600% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.5%.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Ironbark offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 49.7x is considered stretched. House prices have moved +600.0% year-on-year.
Ironbark is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2347). With a population of 22, the suburb has a mature demographic with a median age of 53. Households earn a median income of $42K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Ironbark is $2.1 million, having surged 600% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.5%.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Ironbark offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 49.7x is considered stretched. House prices have moved +600.0% year-on-year.