Canton Beach is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2263). With a population of 1,202, the suburb has an older demographic with a median age of 61. Households earn a median income of $37K per year, with an average household size of 1.8 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Canton Beach is $420,000, having dropped significantly 50.4% over the past year. Units have a median price of $530,000 (+6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,781.
Public transport access includes 5 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, Canton Beach offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($420K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved -50.4% year-on-year.
Canton Beach is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2263). With a population of 1,202, the suburb has an older demographic with a median age of 61. Households earn a median income of $37K per year, with an average household size of 1.8 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Canton Beach is $420,000, having dropped significantly 50.4% over the past year. Units have a median price of $530,000 (+6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,781.
Public transport access includes 5 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, Canton Beach offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($420K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved -50.4% year-on-year.