Trundle is a small community in New South Wales within the Parkes local government area (postcode 2875). With a population of 568, the suburb has a mature demographic with a median age of 51. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Trundle is $63,000, having dropped significantly 78.8% over the past year. The current median weekly rent is $260. This gives a gross rental yield of approximately 21.6%. The median monthly mortgage repayment is $725.
Trundle is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 889, which is well below the national average of 1,000. Public transport access includes 3 rail stations, 29 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Trundle offers a gross rental yield of 21.6%, rated as high yield. Property prices sit below the state median ($63K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.1x is considered affordable. House prices have moved -78.8% year-on-year.
Trundle is a small community in New South Wales within the Parkes local government area (postcode 2875). With a population of 568, the suburb has a mature demographic with a median age of 51. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Trundle is $63,000, having dropped significantly 78.8% over the past year. The current median weekly rent is $260. This gives a gross rental yield of approximately 21.6%. The median monthly mortgage repayment is $725.
Trundle is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 889, which is well below the national average of 1,000. Public transport access includes 3 rail stations, 29 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Trundle offers a gross rental yield of 21.6%, rated as high yield. Property prices sit below the state median ($63K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.1x is considered affordable. House prices have moved -78.8% year-on-year.