Tenterfield is a smaller suburb in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 4,067, 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 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Tenterfield is $480,000, having declined 3% over the past year. Units have a median price of $440,000 (+69.2% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,192.
Tenterfield is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 9 rail stations, 144 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Tenterfield offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved -3.0% year-on-year.
Tenterfield is a smaller suburb in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 4,067, 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 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Tenterfield is $480,000, having declined 3% over the past year. Units have a median price of $440,000 (+69.2% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,192.
Tenterfield is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 928, which is below the national average of 1,000. Public transport access includes 9 rail stations, 144 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Tenterfield offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved -3.0% year-on-year.