Tilpa is a quiet locality in New South Wales within the Cobar local government area (postcode 2840). With a population of 46, the suburb has an established demographic with a median age of 42. Households earn a median income of $62K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Tilpa is $600,000, having surged 106.9% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,218.
The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Tilpa offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved +106.9% year-on-year.
Tilpa is a quiet locality in New South Wales within the Cobar local government area (postcode 2840). With a population of 46, the suburb has an established demographic with a median age of 42. Households earn a median income of $62K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Tilpa is $600,000, having surged 106.9% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,218.
The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Tilpa offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved +106.9% year-on-year.