Located in New South Wales within the Dubbo Regional local government area, Terramungamine is a quiet locality (postcode 2830). With a population of 315, the suburb has an established demographic with a median age of 38. Households earn a median income of $113K per year, with an average household size of 2.8 people. 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 managers, technicians & trades, professionals. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Irish.
Terramungamine has a median house price of $1.0 million, which has fallen by 5.1% year-on-year. The current median weekly rent is $540. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,950.
Public transport access includes 10 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,970 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.8%, which reads as low yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -5.1% year-on-year.