Coneac is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 7, the suburb has an older demographic with a median age of 59. Households earn a median income of $85K per year, with an average household size of 2 people.
The median house price in Coneac is $2.8 million, having surged 64% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.0%.
Public transport access includes 2 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Coneac offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.1x is considered stretched. House prices have moved +64.0% year-on-year.
Coneac is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 7, the suburb has an older demographic with a median age of 59. Households earn a median income of $85K per year, with an average household size of 2 people.
The median house price in Coneac is $2.8 million, having surged 64% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.0%.
Public transport access includes 2 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Coneac offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.1x is considered stretched. House prices have moved +64.0% year-on-year.