Tullymorgan is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 106, the suburb has an older demographic with a median age of 55. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Tullymorgan is $1.5 million, having surged 12.4% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,648.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Tullymorgan offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +12.4% year-on-year.
Tullymorgan is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 106, the suburb has an older demographic with a median age of 55. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Tullymorgan is $1.5 million, having surged 12.4% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,648.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Tullymorgan offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +12.4% year-on-year.