Arrawarra is a small community in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 591, the suburb has an older demographic with a median age of 66. Households earn a median income of $37K per year, with an average household size of 1.9 people. The most common occupations are labourers, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Arrawarra is $1.1 million, having surged 11.4% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $659.
Public transport access includes 7 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Arrawarra offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 29.5x is considered stretched. House prices have moved +11.4% year-on-year.
Arrawarra is a small community in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 591, the suburb has an older demographic with a median age of 66. Households earn a median income of $37K per year, with an average household size of 1.9 people. The most common occupations are labourers, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Arrawarra is $1.1 million, having surged 11.4% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $659.
Public transport access includes 7 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Arrawarra offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 29.5x is considered stretched. House prices have moved +11.4% year-on-year.