Woolomin is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 260, the suburb has an established demographic with a median age of 42. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Woolomin is $430,000, having dropped significantly 20.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,092.
Woolomin is served by 1 school, including 1 primary. The average ICSEA score is 840, which is well below the national average of 1,000. Public transport access includes 24 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Woolomin offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($430K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -20.7% year-on-year.
Woolomin is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 260, the suburb has an established demographic with a median age of 42. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Woolomin is $430,000, having dropped significantly 20.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,092.
Woolomin is served by 1 school, including 1 primary. The average ICSEA score is 840, which is well below the national average of 1,000. Public transport access includes 24 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Woolomin offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($430K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -20.7% year-on-year.