Nooroo is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2415). With a population of 48, the suburb has an established demographic with a median age of 44. Households earn a median income of $81K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, managers, machinery operators & drivers. The top ancestries reported are English, Irish, Australian.
The median house price in Nooroo is $760,000, having surged 452.7% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,050.
Public transport access includes 4 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Nooroo offers a gross rental yield of 2.1%, rated as low yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +452.7% year-on-year.
Nooroo is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2415). With a population of 48, the suburb has an established demographic with a median age of 44. Households earn a median income of $81K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, managers, machinery operators & drivers. The top ancestries reported are English, Irish, Australian.
The median house price in Nooroo is $760,000, having surged 452.7% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,050.
Public transport access includes 4 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Nooroo offers a gross rental yield of 2.1%, rated as low yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +452.7% year-on-year.