Twelve Mile is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2850). With a population of 25, the suburb has a mature demographic with a median age of 51. Households earn a median income of $85K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, managers. The top ancestries reported are Australian, English.
The median house price in Twelve Mile is $1.6 million, having grown strongly 5.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,820.
The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Twelve Mile offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved +5.3% year-on-year.
Twelve Mile is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2850). With a population of 25, the suburb has a mature demographic with a median age of 51. Households earn a median income of $85K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, managers. The top ancestries reported are Australian, English.
The median house price in Twelve Mile is $1.6 million, having grown strongly 5.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,820.
The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Twelve Mile offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved +5.3% year-on-year.