Located in New South Wales within the Snowy Monaro Regional local government area, Tinderry is a sparsely populated locality (postcode 2620). It is home to about 59 residents, with a predominantly older resident base and a median age of 55. Households earn a median income of $100K per year, with an average household size of 2.2 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, professionals, managers. Employment in the area leans toward public admin & safety and education. The top ancestries reported are English, Scottish, Australian.
Median house prices in Tinderry stand at $549,000, having surged by 13.2% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,500.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 5.2% (high yield). Property prices sit below the state median ($549K/$1.5M), which can point to relative value. The price-to-income ratio of 5.5x is considered affordable. House prices have moved +13.2% year-on-year.