Tooloon is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 34, the suburb has a mature demographic with a median age of 49. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Tooloon is $47,000, having dropped significantly 99% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 35.2%. The median monthly mortgage repayment is $4,667.
Public transport access includes 1 bus stop. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Tooloon offers a gross rental yield of 35.2%, rated as high yield. Property prices sit below the state median ($47K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -99.0% year-on-year.
Tooloon is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 34, the suburb has a mature demographic with a median age of 49. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Tooloon is $47,000, having dropped significantly 99% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 35.2%. The median monthly mortgage repayment is $4,667.
Public transport access includes 1 bus stop. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Tooloon offers a gross rental yield of 35.2%, rated as high yield. Property prices sit below the state median ($47K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -99.0% year-on-year.