Toorooka is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 47, the suburb has an older demographic with a median age of 58. Households earn a median income of $40K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Toorooka is $376,000, having grown strongly 6.9% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $900.
Public transport access includes 6 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Toorooka offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($376K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +6.9% year-on-year.
Toorooka is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 47, the suburb has an older demographic with a median age of 58. Households earn a median income of $40K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Toorooka is $376,000, having grown strongly 6.9% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $900.
Public transport access includes 6 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Toorooka offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($376K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +6.9% year-on-year.