Tooloom is a quiet locality in New South Wales within the Kyogle local government area (postcode 2475). With a population of 14, the suburb has an older demographic with a median age of 71. Households earn a median income of $49K per year, with an average household size of 1.9 people. The top ancestries reported are English, Irish.
The median house price in Tooloom is $246,000, having dropped significantly 68.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 8.4%. The median monthly mortgage repayment is $1,000.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Tooloom offers a gross rental yield of 8.4%, rated as high yield. Property prices sit below the state median ($246K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved -68.2% year-on-year.
Tooloom is a quiet locality in New South Wales within the Kyogle local government area (postcode 2475). With a population of 14, the suburb has an older demographic with a median age of 71. Households earn a median income of $49K per year, with an average household size of 1.9 people. The top ancestries reported are English, Irish.
The median house price in Tooloom is $246,000, having dropped significantly 68.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 8.4%. The median monthly mortgage repayment is $1,000.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Tooloom offers a gross rental yield of 8.4%, rated as high yield. Property prices sit below the state median ($246K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved -68.2% year-on-year.