Thora is a quiet locality in New South Wales within the Bellingen local government area (postcode 2454). With a population of 311, the suburb has a mature demographic with a median age of 49. Households earn a median income of $66K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Thora is $855,000, having dropped significantly 43% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,344.
Thora is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Thora offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($855K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -43.0% year-on-year.
Thora is a quiet locality in New South Wales within the Bellingen local government area (postcode 2454). With a population of 311, the suburb has a mature demographic with a median age of 49. Households earn a median income of $66K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Thora is $855,000, having dropped significantly 43% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,344.
Thora is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Thora offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($855K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -43.0% year-on-year.