Mimosa is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 70, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Mimosa is $4.7 million, having surged 69.9% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,322.
Public transport access includes 10 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.
From an investment perspective, Mimosa offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 57.5x is considered stretched. House prices have moved +69.9% year-on-year.
Mimosa is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 70, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Mimosa is $4.7 million, having surged 69.9% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,322.
Public transport access includes 10 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.
From an investment perspective, Mimosa offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 57.5x is considered stretched. House prices have moved +69.9% year-on-year.