Chain Valley Bay is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 2,773, the suburb has an older demographic with a median age of 63. Households earn a median income of $45K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, community & personal service, sales. The top ancestries reported are English, Australian, Irish.
The median house price in Chain Valley Bay is $850,000, having increased 3.7% over the past year. Units have a median price of $585,000 (+25.8% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,647.
Public transport access includes 14 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, Chain Valley Bay offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.9x is considered stretched. House prices have moved +3.7% year-on-year.
Chain Valley Bay is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 2,773, the suburb has an older demographic with a median age of 63. Households earn a median income of $45K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, community & personal service, sales. The top ancestries reported are English, Australian, Irish.
The median house price in Chain Valley Bay is $850,000, having increased 3.7% over the past year. Units have a median price of $585,000 (+25.8% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,647.
Public transport access includes 14 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, Chain Valley Bay offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.9x is considered stretched. House prices have moved +3.7% year-on-year.