Woodsreef is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2347). With a population of 59, the suburb has an established demographic with a median age of 38. Households earn a median income of $56K per year, with an average household size of 2.1 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woodsreef is $75,000, having surged 209.9% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 13.2%. The median monthly mortgage repayment is $1,888.
Public transport access includes 4 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Woodsreef offers a gross rental yield of 13.2%, rated as high yield. Property prices sit below the state median ($75K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.3x is considered affordable. House prices have moved +209.9% year-on-year.
Woodsreef is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2347). With a population of 59, the suburb has an established demographic with a median age of 38. Households earn a median income of $56K per year, with an average household size of 2.1 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woodsreef is $75,000, having surged 209.9% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 13.2%. The median monthly mortgage repayment is $1,888.
Public transport access includes 4 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Woodsreef offers a gross rental yield of 13.2%, rated as high yield. Property prices sit below the state median ($75K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.3x is considered affordable. House prices have moved +209.9% year-on-year.