Dungowan (postcode 2340) is a sparsely populated locality in New South Wales within the Tamworth Regional local government area. The area has roughly 366 residents and an established family demographic, with a median age of 41. Households earn a median income of $94K per year, with an average household size of 2.8 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, clerical & administrative. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Dungowan is $700,000, having risen steeply by 35.9% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,918.
Dungowan is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 49 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 7,140 incidents per 100,000 population.
On the investment side, Dungowan shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +35.9% year-on-year.