Talofa is a quiet locality in New South Wales within the Byron local government area (postcode 2481). With a population of 103, the suburb has a mature demographic with a median age of 47. Households earn a median income of $159K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Talofa is $2.4 million, having dropped significantly 66.4% over the past year. The current median weekly rent is $995. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $4,100.
Public transport access includes 6 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Talofa offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -66.4% year-on-year.
Talofa is a quiet locality in New South Wales within the Byron local government area (postcode 2481). With a population of 103, the suburb has a mature demographic with a median age of 47. Households earn a median income of $159K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Talofa is $2.4 million, having dropped significantly 66.4% over the past year. The current median weekly rent is $995. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $4,100.
Public transport access includes 6 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Talofa offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -66.4% year-on-year.