Tinderry is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2620). With a population of 59, the suburb has an older demographic with a median age of 55. Households earn a median income of $100K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, professionals, managers. The top ancestries reported are English, Scottish, Australian.
The median house price in Tinderry is $1.1 million, having surged 47.1% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,500.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Tinderry offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +47.1% year-on-year.
Tinderry is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2620). With a population of 59, the suburb has an older demographic with a median age of 55. Households earn a median income of $100K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, professionals, managers. The top ancestries reported are English, Scottish, Australian.
The median house price in Tinderry is $1.1 million, having surged 47.1% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,500.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Tinderry offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +47.1% year-on-year.