Nemingha is a small community in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 705, the suburb has an established demographic with a median age of 44. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Nemingha is $385,000, having dropped significantly 22.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $1,660.
Nemingha is served by 1 school, including 1 primary. The average ICSEA score is 996, which is around the national average of 1,000. Public transport access includes 2 rail stations, 45 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Nemingha offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($385K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -22.8% year-on-year.
Nemingha is a small community in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 705, the suburb has an established demographic with a median age of 44. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Nemingha is $385,000, having dropped significantly 22.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $1,660.
Nemingha is served by 1 school, including 1 primary. The average ICSEA score is 996, which is around the national average of 1,000. Public transport access includes 2 rail stations, 45 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Nemingha offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($385K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -22.8% year-on-year.