Weabonga is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 43, the suburb has an older demographic with a median age of 60. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Weabonga is $40,000, having dropped significantly 94.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 62.4%. The median monthly mortgage repayment is $867.
Public transport access includes 1 bus stop. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Weabonga offers a gross rental yield of 62.4%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.1x is considered affordable. House prices have moved -94.6% year-on-year.
Weabonga is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 43, the suburb has an older demographic with a median age of 60. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Weabonga is $40,000, having dropped significantly 94.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 62.4%. The median monthly mortgage repayment is $867.
Public transport access includes 1 bus stop. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Weabonga offers a gross rental yield of 62.4%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.1x is considered affordable. House prices have moved -94.6% year-on-year.