Arrawarra Headland is a small community in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 615, the suburb has a mature demographic with a median age of 47. Households earn a median income of $83K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Arrawarra Headland is $1.3 million, having dropped significantly 29.6% over the past year. Units have a median price of $425,000 (+7.6% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,625.
Public transport access includes 6 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 Headland offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved -29.6% year-on-year.
Arrawarra Headland is a small community in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 615, the suburb has a mature demographic with a median age of 47. Households earn a median income of $83K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Arrawarra Headland is $1.3 million, having dropped significantly 29.6% over the past year. Units have a median price of $425,000 (+7.6% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,625.
Public transport access includes 6 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 Headland offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved -29.6% year-on-year.