Thule is a quiet locality in New South Wales within the Murray River local government area (postcode 2732). With a population of 25, the suburb has an older demographic with a median age of 61. Households earn a median income of $74K per year, with an average household size of 2 people. The most common occupations are managers, professionals. The top ancestries reported are Scottish, English, Australian.
The median house price in Thule is $4.0 million, having dropped significantly 22.7% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,408.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Thule offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 54.3x is considered stretched. House prices have moved -22.7% year-on-year.
Thule is a quiet locality in New South Wales within the Murray River local government area (postcode 2732). With a population of 25, the suburb has an older demographic with a median age of 61. Households earn a median income of $74K per year, with an average household size of 2 people. The most common occupations are managers, professionals. The top ancestries reported are Scottish, English, Australian.
The median house price in Thule is $4.0 million, having dropped significantly 22.7% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,408.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Thule offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 54.3x is considered stretched. House prices have moved -22.7% year-on-year.