Located in New South Wales within the Tamworth Regional local government area, Kootingal is a smaller residential area (postcode 2352). It is home to about 2,313 residents, with an established demographic and a median age of 38. Households earn a median income of $71K 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 technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Kootingal has a median house price of $575,000, which has climbed sharply by 12.7% year-on-year. The current median weekly rent is $510. This gives a gross rental yield of approximately 4.6%. 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 6,891 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.6% (moderate yield). Property prices sit below the state median ($575K/$1.5M), which can point to relative value. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +12.7% year-on-year.