Budgewoi is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2262). With a population of 3,497, the suburb has an established demographic with a median age of 44. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Budgewoi is $865,000, having surged 11.6% over the past year. Units have a median price of $613,000 (+3.8% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,717.
Budgewoi is served by 1 school, including 1 primary. The average ICSEA score is 937, which is below the national average of 1,000. Public transport access includes 26 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, Budgewoi offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($865K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +11.6% year-on-year.
Budgewoi is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2262). With a population of 3,497, the suburb has an established demographic with a median age of 44. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Budgewoi is $865,000, having surged 11.6% over the past year. Units have a median price of $613,000 (+3.8% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,717.
Budgewoi is served by 1 school, including 1 primary. The average ICSEA score is 937, which is below the national average of 1,000. Public transport access includes 26 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, Budgewoi offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($865K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +11.6% year-on-year.