Bushells Ridge NSW

Postcode 2259 · Central Coast (NSW) LGA

Bushells Ridge is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 8, the suburb has an older demographic with a median age of 60. Households earn a median income of $59K per year, with an average household size of 2.7 people.

The median house price in Bushells Ridge is $800,000, having surged 102.5% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 4.3%.

Public transport access includes 2 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, Bushells Ridge offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.7x is considered stretched. House prices have moved +102.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.3% Moderate Yield
Price vs State$800K/$1.5M Below Median
Affordability13.7x Stretched
Price Momentum+102.5% Rising
SEIFA INDEX (ABS)
Advantage7/10
Education5/10
Economic10/10
Disadvantage7/10
MEDIAN HOUSE
$800K
102.5% YoY
MEDIAN RENT /WK
$450
POPULATION
8
DEMOGRAPHICS
Median Age60
Household Size2.7
HH Income /wk$1,125
Personal Income /wk$374
Mortgage /mth
TOP ANCESTRY
CRIME (Central Coast (NSW) LGA)
Crime Rate (per 100k)3,528
Total Incidents12,518
TRANSPORT
Bus Stops2
Data: 2023