Retreat is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 45, the suburb has an older demographic with a median age of 56. Households earn a median income of $38K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are English, Australian, Irish.
The median house price in Retreat is $275,000, having dropped significantly 31.2% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $959.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Retreat offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($275K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -31.2% year-on-year.
Retreat is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 45, the suburb has an older demographic with a median age of 56. Households earn a median income of $38K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are English, Australian, Irish.
The median house price in Retreat is $275,000, having dropped significantly 31.2% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $959.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Retreat offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($275K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -31.2% year-on-year.