Crangan Bay is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 3, the suburb has an older demographic with a median age of 65. Households earn a median income of $59K per year, with an average household size of 2 people.
The median house price in Crangan Bay is $790,000, having surged 17.9% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 4.3%.
Public transport access includes 9 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, Crangan Bay offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved +17.9% year-on-year.
Crangan Bay is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 3, the suburb has an older demographic with a median age of 65. Households earn a median income of $59K per year, with an average household size of 2 people.
The median house price in Crangan Bay is $790,000, having surged 17.9% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 4.3%.
Public transport access includes 9 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, Crangan Bay offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved +17.9% year-on-year.