Mount Tenandra is a quiet locality in New South Wales within the Coonamble local government area (postcode 2828). With a population of 24, the suburb has a mature demographic with a median age of 51. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Tenandra is $1.6 million, having dropped significantly 45% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $5,000.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Mount Tenandra offers a gross rental yield of 0.6%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 21.8x is considered stretched. House prices have moved -45.0% year-on-year.
Mount Tenandra is a quiet locality in New South Wales within the Coonamble local government area (postcode 2828). With a population of 24, the suburb has a mature demographic with a median age of 51. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Tenandra is $1.6 million, having dropped significantly 45% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $5,000.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Mount Tenandra offers a gross rental yield of 0.6%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 21.8x is considered stretched. House prices have moved -45.0% year-on-year.