Calga (postcode 2250) is a small, quiet locality in New South Wales within the Central Coast (NSW) local government area. With a population of 134, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $110K per year, with an average household size of 3 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 technicians & trades, managers, professionals. Employment in the area leans toward construction and professional services. The top ancestries reported are English, Australian, Scottish.
The median house price in Calga is $1.3 million, having dropped significantly by 39.8% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,485.
The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.7% (low yield). Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved -39.8% 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.