Bobs Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 119, the suburb has a mature demographic with a median age of 46. Households earn a median income of $80K per year, with an average household size of 2.9 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bobs Creek is $1.7 million, having surged 30.8% over the past year. The current median weekly rent is $980. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,733.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Bobs Creek offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 21.4x is considered stretched. House prices have moved +30.8% year-on-year.
Bobs Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 119, the suburb has a mature demographic with a median age of 46. Households earn a median income of $80K per year, with an average household size of 2.9 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bobs Creek is $1.7 million, having surged 30.8% over the past year. The current median weekly rent is $980. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,733.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Bobs Creek offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 21.4x is considered stretched. House prices have moved +30.8% year-on-year.