Located in New South Wales within the Inverell local government area, Tingha is a small locality (postcode 2369). The area has roughly 774 residents and a settled, mature resident base, with a median age of 47. Households earn a median income of $47K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. 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 community & personal service, labourers, managers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Tingha stand at $220,000, having surged by 41.9% over the last twelve months. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $867.
Tingha is served by 1 school, including 1 primary. The average ICSEA score is 714, which is well below the national average of 1,000. Public transport access includes 28 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Inverell LGA is moderate at 5,178 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.3% (moderate yield). Property prices sit below the state median ($220K/$1.5M), which can point to relative value. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +41.9% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.