Warral is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 445, the suburb has a mature demographic with a median age of 46. Households earn a median income of $112K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Warral is $1.0 million, having declined 4.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,015.
Public transport access includes 40 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Warral offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -4.2% year-on-year.
Warral is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 445, the suburb has a mature demographic with a median age of 46. Households earn a median income of $112K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Warral is $1.0 million, having declined 4.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,015.
Public transport access includes 40 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Warral offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -4.2% year-on-year.