Copacabana is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 2,809, the suburb has an established demographic with a median age of 43. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Copacabana is $1.4 million, having dropped significantly 17.6% over the past year. Units have a median price of $954,000 (-3.9% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,300.
Copacabana is served by 1 school, including 1 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 15 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, Copacabana offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.6x is considered stretched. House prices have moved -17.6% year-on-year.
Copacabana is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 2,809, the suburb has an established demographic with a median age of 43. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Copacabana is $1.4 million, having dropped significantly 17.6% over the past year. Units have a median price of $954,000 (-3.9% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,300.
Copacabana is served by 1 school, including 1 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 15 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, Copacabana offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.6x is considered stretched. House prices have moved -17.6% year-on-year.