Nundle is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 482, the suburb has an older demographic with a median age of 55. Households earn a median income of $40K per year, with an average household size of 2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Nundle is $225,000, having dropped significantly 48.3% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 11.1%. The median monthly mortgage repayment is $1,000.
Nundle is served by 1 school, including 1 primary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 24 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Nundle offers a gross rental yield of 11.1%, rated as high yield. Property prices sit below the state median ($225K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -48.3% year-on-year.
Nundle is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 482, the suburb has an older demographic with a median age of 55. Households earn a median income of $40K per year, with an average household size of 2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Nundle is $225,000, having dropped significantly 48.3% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 11.1%. The median monthly mortgage repayment is $1,000.
Nundle is served by 1 school, including 1 primary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 24 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Nundle offers a gross rental yield of 11.1%, rated as high yield. Property prices sit below the state median ($225K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -48.3% year-on-year.