Nullamanna is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). With a population of 171, the suburb has an established demographic with a median age of 40. Households earn a median income of $80K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Nullamanna is $731,000, having surged 181% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,506.
Public transport access includes 1 bus stop. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Nullamanna offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($731K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +181.0% year-on-year.
Nullamanna is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). With a population of 171, the suburb has an established demographic with a median age of 40. Households earn a median income of $80K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Nullamanna is $731,000, having surged 181% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,506.
Public transport access includes 1 bus stop. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Nullamanna offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($731K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +181.0% year-on-year.