Blueys Beach is a small, quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 242, the suburb has a more retirement-aged population with a median age of 64. Households earn a median income of $66K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, clerical & administrative. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Blueys Beach is $781,000, having increased by 2.8% over the past year. Units have a median price of $313,000. The current median weekly rent is $528. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Public transport access includes 5 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.5% (moderate yield). Property prices sit below the state median ($781K/$1.5M), which can point to relative value. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +2.8% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.