Tooranie is a quiet locality in New South Wales within the Murray River local government area (postcode 2734). With a population of 12, the suburb has an established demographic with a median age of 43. Households earn a median income of $84K per year, with an average household size of 2.6 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Tooranie is $6.6 million, having surged 115878.9% over the past year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 0.1%.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Tooranie offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($6.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 78.3x is considered stretched. House prices have moved +115878.9% year-on-year.
Tooranie is a quiet locality in New South Wales within the Murray River local government area (postcode 2734). With a population of 12, the suburb has an established demographic with a median age of 43. Households earn a median income of $84K per year, with an average household size of 2.6 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Tooranie is $6.6 million, having surged 115878.9% over the past year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 0.1%.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Tooranie offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($6.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 78.3x is considered stretched. House prices have moved +115878.9% year-on-year.