Comboyne is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). With a population of 416, the suburb has an older demographic with a median age of 55. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Comboyne is $814,000, having surged 58.6% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,315.
Comboyne is served by 1 school, including 1 primary. The average ICSEA score is 926, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Comboyne offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($814K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +58.6% year-on-year.
Comboyne is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). With a population of 416, the suburb has an older demographic with a median age of 55. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Comboyne is $814,000, having surged 58.6% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,315.
Comboyne is served by 1 school, including 1 primary. The average ICSEA score is 926, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Comboyne offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($814K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +58.6% year-on-year.