Timbumburi is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 122, the suburb has a mature demographic with a median age of 47. Households earn a median income of $119K 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 Timbumburi is $2.0 million, having dropped significantly 20% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,156.
Timbumburi is served by 1 school, including 1 primary. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Timbumburi offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($2.0M/$1.5M). The price-to-income ratio of 16.5x is considered stretched. House prices have moved -20.0% year-on-year.
Timbumburi is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 122, the suburb has a mature demographic with a median age of 47. Households earn a median income of $119K 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 Timbumburi is $2.0 million, having dropped significantly 20% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,156.
Timbumburi is served by 1 school, including 1 primary. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Timbumburi offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($2.0M/$1.5M). The price-to-income ratio of 16.5x is considered stretched. House prices have moved -20.0% year-on-year.