Toonumbar is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 30, the suburb has an older demographic with a median age of 58. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are professionals, technicians & trades. The top ancestries reported are English, Scottish, Irish.
The median house price in Toonumbar is $110,000, having dropped significantly 83.2% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 43.7%. The median monthly mortgage repayment is $1,084.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Toonumbar offers a gross rental yield of 43.7%, rated as high yield. Property prices sit below the state median ($110K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.9x is considered affordable. House prices have moved -83.2% year-on-year.
Toonumbar is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 30, the suburb has an older demographic with a median age of 58. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are professionals, technicians & trades. The top ancestries reported are English, Scottish, Irish.
The median house price in Toonumbar is $110,000, having dropped significantly 83.2% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 43.7%. The median monthly mortgage repayment is $1,084.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Toonumbar offers a gross rental yield of 43.7%, rated as high yield. Property prices sit below the state median ($110K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.9x is considered affordable. House prices have moved -83.2% year-on-year.