Tocumwal is a smaller suburb in New South Wales within the Berrigan local government area (postcode 2714). With a population of 2,862, the suburb has an older demographic with a median age of 59. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Tocumwal is $525,000, having surged 19.3% over the past year. Units have a median price of $265,000 (+6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,300.
Tocumwal is served by 2 schools, including 2 primary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 71 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Tocumwal offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($525K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +19.3% year-on-year.
Tocumwal is a smaller suburb in New South Wales within the Berrigan local government area (postcode 2714). With a population of 2,862, the suburb has an older demographic with a median age of 59. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Tocumwal is $525,000, having surged 19.3% over the past year. Units have a median price of $265,000 (+6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,300.
Tocumwal is served by 2 schools, including 2 primary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 71 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Tocumwal offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($525K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +19.3% year-on-year.