Woolbrook (postcode 2354) is a sparsely populated locality in New South Wales within the Tamworth Regional local government area. It is home to about 183 residents, with a settled mid-life population and a median age of 44. Households earn a median income of $66K per year, with an average household size of 2.4 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, clerical & administrative. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Aboriginal Australian.
Woolbrook has a median house price of $530,000, which has jumped by 146.5% year-on-year. The current median weekly rent is $318. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $734.
Woolbrook is served by 1 school, including 1 primary. The average ICSEA score is 900, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,891 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.1%, which reads as moderate yield. Property prices sit below the state median ($530K/$1.5M), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +146.5% year-on-year.