Timor is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2338). With a population of 55, the suburb has an established demographic with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Timor is $13 million, having surged 63.7% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $1,717.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Timor offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($12.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 162.7x is considered stretched. House prices have moved +63.7% year-on-year.
Timor is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2338). With a population of 55, the suburb has an established demographic with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Timor is $13 million, having surged 63.7% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $1,717.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Timor offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($12.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 162.7x is considered stretched. House prices have moved +63.7% year-on-year.