Tibooburra is a quiet locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). With a population of 95, the suburb has a mature demographic with a median age of 47. Households earn a median income of $95K per year, with an average household size of 2.5 people. The most common occupations are labourers, managers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Tibooburra is $125,000, having surged 127.3% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 12.9%. The median monthly mortgage repayment is $286.
Tibooburra is served by 1 school, including 1 primary. Healthcare facilities include 1 public hospital.
From an investment perspective, Tibooburra offers a gross rental yield of 12.9%, rated as high yield. Property prices sit below the state median ($125K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.3x is considered affordable. House prices have moved +127.3% year-on-year.
Tibooburra is a quiet locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). With a population of 95, the suburb has a mature demographic with a median age of 47. Households earn a median income of $95K per year, with an average household size of 2.5 people. The most common occupations are labourers, managers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Tibooburra is $125,000, having surged 127.3% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 12.9%. The median monthly mortgage repayment is $286.
Tibooburra is served by 1 school, including 1 primary. Healthcare facilities include 1 public hospital.
From an investment perspective, Tibooburra offers a gross rental yield of 12.9%, rated as high yield. Property prices sit below the state median ($125K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.3x is considered affordable. House prices have moved +127.3% year-on-year.