Booker Bay is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2257). With a population of 1,442, the suburb has a mature demographic with a median age of 54. Households earn a median income of $63K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Booker Bay is $2.0 million, having surged 31.1% over the past year. Units have a median price of $1.1 million (+27.5% YoY). The current median weekly rent is $622. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 11 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, Booker Bay offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.6x is considered stretched. House prices have moved +31.1% year-on-year.
Booker Bay is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2257). With a population of 1,442, the suburb has a mature demographic with a median age of 54. Households earn a median income of $63K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Booker Bay is $2.0 million, having surged 31.1% over the past year. Units have a median price of $1.1 million (+27.5% YoY). The current median weekly rent is $622. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 11 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, Booker Bay offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.6x is considered stretched. House prices have moved +31.1% year-on-year.