Thalgarrah (postcode 2350) is a sparsely populated locality in New South Wales within the Armidale Regional local government area. The area has roughly 166 residents and an established demographic, with a median age of 38. Households earn a median income of $73K 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, professionals, technicians & trades. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Scottish.
Thalgarrah has a median house price of $1.7 million, holding roughly steady year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,517.
Public transport access includes 18 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,143 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.5% (low yield). Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 23.4x is considered stretched. House prices have moved +0.0% year-on-year.