Callaghans Creek is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 17, the suburb has an older demographic with a median age of 59. Households earn a median income of $72K per year, with an average household size of 2.6 people. The top ancestries reported are Australian, Scottish, Irish.
The median house price in Callaghans Creek is $575,000, having grown strongly 7.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,430.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Callaghans Creek offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($575K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +7.5% year-on-year.
Callaghans Creek is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 17, the suburb has an older demographic with a median age of 59. Households earn a median income of $72K per year, with an average household size of 2.6 people. The top ancestries reported are Australian, Scottish, Irish.
The median house price in Callaghans Creek is $575,000, having grown strongly 7.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,430.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Callaghans Creek offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($575K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +7.5% year-on-year.