Kootingal is a smaller suburb in New South Wales within the Tamworth Regional local government area (postcode 2352). With a population of 2,313, the suburb has an established demographic with a median age of 38. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Kootingal is $500,000, having surged 127.3% over the past year. Units have a median price of $410,000. The current median weekly rent is $430. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,302.
Kootingal is served by 2 schools, including 2 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 1 rail station, 56 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Kootingal offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +127.3% year-on-year.
Kootingal is a smaller suburb in New South Wales within the Tamworth Regional local government area (postcode 2352). With a population of 2,313, the suburb has an established demographic with a median age of 38. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Kootingal is $500,000, having surged 127.3% over the past year. Units have a median price of $410,000. The current median weekly rent is $430. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,302.
Kootingal is served by 2 schools, including 2 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 1 rail station, 56 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Kootingal offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +127.3% year-on-year.