Tamban is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2441). With a population of 94, the suburb has an older demographic with a median age of 55. Households earn a median income of $49K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Irish.
The median house price in Tamban is $758,000, having surged by 148.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,083.
Public transport access includes 1 bus stop. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($758K/$1.5M), which can point to relative value. The price-to-income ratio of 15.4x is considered stretched. House prices have moved +148.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.