Chittaway Bay is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 1,987, the suburb has an established demographic with a median age of 41. Households earn a median income of $88K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Chittaway Bay is $1.1 million, having surged 16% over the past year. Units have a median price of $685,000 (+59.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,905.
Chittaway Bay is served by 1 school, including 1 primary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 24 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, Chittaway Bay offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +16.0% year-on-year.
Chittaway Bay is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 1,987, the suburb has an established demographic with a median age of 41. Households earn a median income of $88K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Chittaway Bay is $1.1 million, having surged 16% over the past year. Units have a median price of $685,000 (+59.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,905.
Chittaway Bay is served by 1 school, including 1 primary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 24 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, Chittaway Bay offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +16.0% year-on-year.