Ooma is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 41, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $139K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Ooma is $1.4 million, having dropped significantly 75.5% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,192.
Public transport access includes 8 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Ooma offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -75.5% year-on-year.
Ooma is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 41, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $139K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Ooma is $1.4 million, having dropped significantly 75.5% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,192.
Public transport access includes 8 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Ooma offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -75.5% year-on-year.