Tomboye (postcode 2622) is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. With a population of 36, the suburb has an older demographic with a median age of 57. Households earn a median income of $43K per year, with an average household size of 1.7 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 technicians & trades, sales, managers. The top ancestries reported are English, Irish, Australian.
Tomboye has a median house price of $900,000, which has surged by 39.5% year-on-year. The current median weekly rent is $470. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($900K/$1.5M), which can point to relative value. The price-to-income ratio of 20.8x is considered stretched. House prices have moved +39.5% year-on-year.