Cheero Point is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2083). With a population of 100, the suburb has an established demographic with a median age of 41. Households earn a median income of $126K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Cheero Point is $1.0 million, having surged 61.3% over the past year. The median weekly rent is $515 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,945.
Public transport access includes 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, Cheero Point offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +61.3% year-on-year.
Cheero Point is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2083). With a population of 100, the suburb has an established demographic with a median age of 41. Households earn a median income of $126K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Cheero Point is $1.0 million, having surged 61.3% over the past year. The median weekly rent is $515 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,945.
Public transport access includes 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, Cheero Point offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +61.3% year-on-year.