Tubbamurra is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 19, the suburb has an older demographic with a median age of 58. Households earn a median income of $50K per year, with an average household size of 2.4 people. The top ancestries reported are English, Irish, German.
The median house price in Tubbamurra is $429,000, having increased 2.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.5%.
Public transport access includes 1 bus stop. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Tubbamurra offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($429K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +2.1% year-on-year.
Tubbamurra is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 19, the suburb has an older demographic with a median age of 58. Households earn a median income of $50K per year, with an average household size of 2.4 people. The top ancestries reported are English, Irish, German.
The median house price in Tubbamurra is $429,000, having increased 2.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.5%.
Public transport access includes 1 bus stop. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Tubbamurra offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($429K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +2.1% year-on-year.