Avalon Beach is a well-established suburb in New South Wales within the Northern Beaches local government area (postcode 2107). With a population of 10,379, the suburb has a mature demographic with a median age of 46. Households earn a median income of $129K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Avalon Beach is $2.7 million, having dipped slightly 0.8% over the past year. Units have a median price of $1.3 million (+10.9% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,250.
Avalon Beach is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 73 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Avalon Beach offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.7x is considered stretched. House prices have moved -0.8% year-on-year.
Avalon Beach is a well-established suburb in New South Wales within the Northern Beaches local government area (postcode 2107). With a population of 10,379, the suburb has a mature demographic with a median age of 46. Households earn a median income of $129K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Avalon Beach is $2.7 million, having dipped slightly 0.8% over the past year. Units have a median price of $1.3 million (+10.9% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,250.
Avalon Beach is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 73 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Avalon Beach offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.7x is considered stretched. House prices have moved -0.8% year-on-year.