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. The most common occupations are professionals, managers, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Tamban is $700,000, having dropped significantly 40.4% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 3.9%. 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 4,212 incidents per 100,000 population.
From an investment perspective, Tamban offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved -40.4% year-on-year.
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. The most common occupations are professionals, managers, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Tamban is $700,000, having dropped significantly 40.4% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 3.9%. 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 4,212 incidents per 100,000 population.
From an investment perspective, Tamban offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved -40.4% year-on-year.