Tuross is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 23, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2.6 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Tuross is $200,000, having dropped significantly 28.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 11.7%. The median monthly mortgage repayment is $83.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Tuross offers a gross rental yield of 11.7%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -28.6% year-on-year.
Tuross is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 23, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2.6 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Tuross is $200,000, having dropped significantly 28.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 11.7%. The median monthly mortgage repayment is $83.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Tuross offers a gross rental yield of 11.7%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -28.6% year-on-year.