Tambar Springs is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2381). With a population of 273, the suburb has a mature demographic with a median age of 50. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Tambar Springs is $185,000, having increased 4.2% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 12.4%. The median monthly mortgage repayment is $80.
Public transport access includes 22 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Tambar Springs offers a gross rental yield of 12.4%, rated as high yield. Property prices sit below the state median ($185K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +4.2% year-on-year.
Tambar Springs is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2381). With a population of 273, the suburb has a mature demographic with a median age of 50. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Tambar Springs is $185,000, having increased 4.2% over the past year. The current median weekly rent is $440. This gives a gross rental yield of approximately 12.4%. The median monthly mortgage repayment is $80.
Public transport access includes 22 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Tambar Springs offers a gross rental yield of 12.4%, rated as high yield. Property prices sit below the state median ($185K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +4.2% year-on-year.