Central Mangrove is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 253, the suburb has a mature demographic with a median age of 46. Households earn a median income of $124K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Central Mangrove is $2.5 million, having dipped slightly 1.1% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,275.
Central Mangrove is served by 1 school, including 1 primary. The average ICSEA score is 886, which is well below the national average of 1,000. Public transport access includes 6 ferry wharfves, 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Central Mangrove offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.9x is considered stretched. House prices have moved -1.1% year-on-year.
Central Mangrove is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 253, the suburb has a mature demographic with a median age of 46. Households earn a median income of $124K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Central Mangrove is $2.5 million, having dipped slightly 1.1% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,275.
Central Mangrove is served by 1 school, including 1 primary. The average ICSEA score is 886, which is well below the national average of 1,000. Public transport access includes 6 ferry wharfves, 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Central Mangrove offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.9x is considered stretched. House prices have moved -1.1% year-on-year.