Piallamore is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 276, the suburb has a mature demographic with a median age of 46. Households earn a median income of $107K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Piallamore is $980,000, having dropped significantly 8.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,677.
Public transport access includes 28 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Piallamore offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -8.6% year-on-year.
Piallamore is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 276, the suburb has a mature demographic with a median age of 46. Households earn a median income of $107K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Piallamore is $980,000, having dropped significantly 8.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,677.
Public transport access includes 28 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Piallamore offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -8.6% year-on-year.