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Nemingha, NSW 2340

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$650,000

market range $575K-$800K

Median Unit

$365,000

Gross Yield (houses)

3.5%

1yr Growth (houses)

+17.0%

market range -5.0% to +37.5%

Investment snapshot for Nemingha

Nemingha has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Nemingha market and investor summary

Nemingha (NSW 2340) runs a median house price of $650K, with houses yielding a gross 3.5%. House prices have moved +17.0% over the past year. At 3.2% vacancy, it is a softer rental market with more choice for tenants.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Nemingha: people, income and schools

Nemingha has a resident population of roughly 705, a number that has held fairly steady over five years. The median age is 44, skewed a little older, and 79% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $91,000 a year, or roughly $1,740 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 7.2 times local household income, in line with much of metropolitan Australia. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.

There are 4 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
705
+4% over 5yr
Median age
44 years
Median household income
$91,000/yr
Households renting
16%
Family households
73%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
4
avg ICSEA 1012
Unemployment
3.3%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Nemingha

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Frequently asked questions about Nemingha

What should I check before investing in Nemingha?

Nemingha has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.2%, before expenses, tax and loan costs. Capital growth of +17.0% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Nemingha?

The median property price in Nemingha, NSW 2340 is $650K for houses and $365K for units.

What rental yield does Nemingha show?

The gross rental yield in Nemingha is 3.5% for houses and 6.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Nemingha?

House prices in Nemingha are up 17.0% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Nemingha?

The current vacancy rate in Nemingha is 3.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Nemingha?

Nemingha has a population of approximately 705 residents, with a median age of 44.

What schools are near Nemingha?

There are 4 schools within roughly 5km of Nemingha. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Nemingha affordable to buy in?

A median house in Nemingha costs about 7.2 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Nemingha's population growing?

The population of Nemingha has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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