Caffreys Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 53, the suburb has an older demographic with a median age of 59. Households earn a median income of $36K per year, with an average household size of 2.1 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are English, Scottish, Australian.
The median house price in Caffreys Flat is $675,000, having dropped significantly 39.9% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $1,314.
Public transport access includes 5 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Caffreys Flat offers a gross rental yield of 1.2%, rated as low yield. Property prices sit below the state median ($675K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.5x is considered stretched. House prices have moved -39.9% year-on-year.
Caffreys Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 53, the suburb has an older demographic with a median age of 59. Households earn a median income of $36K per year, with an average household size of 2.1 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are English, Scottish, Australian.
The median house price in Caffreys Flat is $675,000, having dropped significantly 39.9% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $1,314.
Public transport access includes 5 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Caffreys Flat offers a gross rental yield of 1.2%, rated as low yield. Property prices sit below the state median ($675K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.5x is considered stretched. House prices have moved -39.9% year-on-year.