Tamarama is a small community in New South Wales within the Waverley local government area (postcode 2026). With a population of 1,478, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $235K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Tamarama is $7.1 million, having dropped significantly 18.9% over the past year. Units have a median price of $2.2 million (-13.7% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $4,109.
Public transport access includes 7 bus stops. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Tamarama offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($7.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.2x is considered stretched. House prices have moved -18.9% year-on-year.
Tamarama is a small community in New South Wales within the Waverley local government area (postcode 2026). With a population of 1,478, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $235K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Tamarama is $7.1 million, having dropped significantly 18.9% over the past year. Units have a median price of $2.2 million (-13.7% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $4,109.
Public transport access includes 7 bus stops. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Tamarama offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($7.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.2x is considered stretched. House prices have moved -18.9% year-on-year.