Tullamore is a quiet locality in New South Wales within the Parkes local government area (postcode 2874). With a population of 369, the suburb has a mature demographic with a median age of 50. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tullamore is $1.1 million, having surged 263% over the past year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $345.
Tullamore is served by 1 school, including 1 combined. The average ICSEA score is 915, which is below the national average of 1,000. Public transport access includes 32 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, Tullamore offers a gross rental yield of 0.5%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.7x is considered stretched. House prices have moved +263.0% year-on-year.
Tullamore is a quiet locality in New South Wales within the Parkes local government area (postcode 2874). With a population of 369, the suburb has a mature demographic with a median age of 50. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tullamore is $1.1 million, having surged 263% over the past year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $345.
Tullamore is served by 1 school, including 1 combined. The average ICSEA score is 915, which is below the national average of 1,000. Public transport access includes 32 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, Tullamore offers a gross rental yield of 0.5%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.7x is considered stretched. House prices have moved +263.0% year-on-year.