Bulahdelah (postcode 2423) is a small locality in New South Wales within the Mid-Coast local government area. It is home to about 1,538 residents, with an older-leaning population and a median age of 54. Households earn a median income of $50K per year, with an average household size of 2.2 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 labourers, community & personal service, professionals. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are Australian, English, Irish.
Bulahdelah has a median house price of $563,000, which has dropped significantly by 20.8% year-on-year. The current median weekly rent is $550. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,236.
Bulahdelah is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 941, which is below the national average of 1,000. Public transport access includes 31 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Bulahdelah shows a gross rental yield of approximately 5.1%, rated as high yield. Property prices sit below the state median ($563K/$1.5M), which can point to relative value. The price-to-income ratio of 11.2x is considered stretched. House prices have moved -20.8% 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.