Wallamore is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 84, the suburb has an established demographic with a median age of 40. Households earn a median income of $98K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Wallamore is $940,000, having dropped significantly 48.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 18 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Wallamore offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($940K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -48.4% year-on-year.
Wallamore is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 84, the suburb has an established demographic with a median age of 40. Households earn a median income of $98K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Wallamore is $940,000, having dropped significantly 48.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 18 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Wallamore offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($940K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -48.4% year-on-year.