New Mexico is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 59, the suburb has a mature demographic with a median age of 48. Households earn a median income of $110K per year, with an average household size of 2.4 people. The most common occupations are managers, sales, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in New Mexico is $3.1 million, having surged 155.9% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $1,230.
Public transport access includes 6 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, New Mexico offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($3.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.2x is considered stretched. House prices have moved +155.9% year-on-year.
New Mexico is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 59, the suburb has a mature demographic with a median age of 48. Households earn a median income of $110K per year, with an average household size of 2.4 people. The most common occupations are managers, sales, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in New Mexico is $3.1 million, having surged 155.9% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $1,230.
Public transport access includes 6 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, New Mexico offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($3.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.2x is considered stretched. House prices have moved +155.9% year-on-year.