Coffs Harbour is a large suburb in New South Wales within the Coffs Harbour local government area (postcode 2450). With a population of 27,089, the suburb has an established demographic with a median age of 43. Households earn a median income of $64K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Coffs Harbour is $820,000, having dipped slightly 0.9% over the past year. Units have a median price of $573,000 (-3.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Coffs Harbour is served by 12 schools, including 5 primary, 4 secondary, 2 combined, 1 special. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 1 rail station, 196 bus stops. Healthcare facilities include 1 public and 3 private hospitals. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Coffs Harbour offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.8x is considered stretched. House prices have moved -0.9% year-on-year.
Coffs Harbour is a large suburb in New South Wales within the Coffs Harbour local government area (postcode 2450). With a population of 27,089, the suburb has an established demographic with a median age of 43. Households earn a median income of $64K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Coffs Harbour is $820,000, having dipped slightly 0.9% over the past year. Units have a median price of $573,000 (-3.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Coffs Harbour is served by 12 schools, including 5 primary, 4 secondary, 2 combined, 1 special. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 1 rail station, 196 bus stops. Healthcare facilities include 1 public and 3 private hospitals. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Coffs Harbour offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.8x is considered stretched. House prices have moved -0.9% year-on-year.