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Tomerong, NSW 2540
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,105,000
list-price estimate
Median Unit
$625,000
Gross Yield (units)
4.1%
1yr Growth (houses)
-2.9%
market range -10.0% to +7.5%
Investment snapshot for Tomerong
Tomerong has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tomerong market and investor summary
Tomerong sits in NSW, postcode 2540. House prices have moved -2.9% over the past year. At 2.3% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 100 days on market, so plan for a slower exit if you ever need one.
Living in Tomerong: people, income and schools
Tomerong has a resident population of roughly 1,194, a number that has held fairly steady over five years. The median age is 42, skewed a little older, and 91% 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 $97,000 a year, or roughly $1,870 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 36% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 2 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 5 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 1,194
- +4% over 5yr
- Median age
- 42 years
- Median household income
- $97,000/yr
- Households renting
- 9%
- Family households
- 82%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 938
- Unemployment
- 5.2%
- Walk score
- 5/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tomerong
View all →Frequently asked questions about Tomerong
What should I check before investing in Tomerong?
Tomerong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Tomerong?
The median property price in Tomerong, NSW 2540 is $625K for units.
What rental yield does Tomerong show?
The gross rental yield in Tomerong is 4.1% 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 Tomerong?
House prices in Tomerong are down 2.9% 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 Tomerong?
The current vacancy rate in Tomerong is 2.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Tomerong?
Tomerong has a population of approximately 1,194 residents, with a median age of 42.
What schools are near Tomerong?
There are 2 schools within roughly 5km of Tomerong. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Tomerong's population growing?
The population of Tomerong 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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