Namoi River is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 61, the suburb has a mature demographic with a median age of 49. Households earn a median income of $55K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Namoi River is $1.3 million, having grown strongly 10% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,200.
Public transport access includes 5 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Namoi River offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 23.9x is considered stretched. House prices have moved +10.0% year-on-year.
Namoi River is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 61, the suburb has a mature demographic with a median age of 49. Households earn a median income of $55K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Namoi River is $1.3 million, having grown strongly 10% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,200.
Public transport access includes 5 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Namoi River offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 23.9x is considered stretched. House prices have moved +10.0% year-on-year.