Tomingley is a quiet locality in New South Wales within the Narromine local government area (postcode 2869). With a population of 342, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tomingley is $750,000, having surged 134.4% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,517.
Public transport access includes 19 bus stops. The crime rate in the Narromine LGA is moderate at 5,846 incidents per 100,000 population.
From an investment perspective, Tomingley offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +134.4% year-on-year.
Tomingley is a quiet locality in New South Wales within the Narromine local government area (postcode 2869). With a population of 342, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tomingley is $750,000, having surged 134.4% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,517.
Public transport access includes 19 bus stops. The crime rate in the Narromine LGA is moderate at 5,846 incidents per 100,000 population.
From an investment perspective, Tomingley offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +134.4% year-on-year.