Avoca Beach is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 4,708, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Avoca Beach is $2.6 million, having surged 49.6% over the past year. Units have a median price of $1.5 million (+27.6% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,508.
Avoca Beach is served by 1 school, including 1 primary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Avoca Beach offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.9x is considered stretched. House prices have moved +49.6% year-on-year.
Avoca Beach is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 4,708, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Avoca Beach is $2.6 million, having surged 49.6% over the past year. Units have a median price of $1.5 million (+27.6% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,508.
Avoca Beach is served by 1 school, including 1 primary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Avoca Beach offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.9x is considered stretched. House prices have moved +49.6% year-on-year.