Coasters Retreat (postcode 2108) is a quiet locality in New South Wales within the Northern Beaches local government area. It is home to about 30 residents, with a more retirement-aged population and a median age of 66. Households earn a median income of $117K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are Australian, English, Scottish.
Coasters Retreat has a median house price of $1.6 million, which has declined steeply by 18.4% year-on-year. The current median weekly rent is $1150. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $5,886.
Public transport access includes 2 ferry wharfves. The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.7% (moderate yield). Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 13.7x is considered stretched. House prices have moved -18.4% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.