Montefiores is a small community in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 630, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Montefiores is $170,000, having dropped significantly 62% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 19.6%. The median monthly mortgage repayment is $1,517.
Public transport access includes 10 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Montefiores offers a gross rental yield of 19.6%, rated as high yield. Property prices sit below the state median ($170K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -62.0% year-on-year.
Montefiores is a small community in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 630, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Montefiores is $170,000, having dropped significantly 62% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 19.6%. The median monthly mortgage repayment is $1,517.
Public transport access includes 10 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Montefiores offers a gross rental yield of 19.6%, rated as high yield. Property prices sit below the state median ($170K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -62.0% year-on-year.