Cottage Point is a small, quiet locality in New South Wales within the Northern Beaches local government area (postcode 2084). It is home to about 96 residents, with a more retirement-aged population and a median age of 60. Households earn a median income of $143K 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. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward professional services and manufacturing. The top ancestries reported are English, Australian, Irish.
Median house prices in Cottage Point stand at $4.0 million, having climbed sharply by 46.8% over the last twelve months. The current median weekly rent is $1225. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $4,300.
The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
On the investment side, Cottage Point shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.0x is considered stretched. House prices have moved +46.8% 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.