Craven (postcode 2422) is a quiet locality in New South Wales within the Mid-Coast local government area. The area has roughly 104 residents and a mature demographic, with a median age of 54. Households earn a median income of $55K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are machinery operators & drivers, labourers, professionals. Employment in the area leans toward construction and agriculture. The top ancestries reported are English, Australian, Irish.
The median house price in Craven is $1.3 million, having risen steeply by 13% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,105.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is moderate at 4,023 incidents per 100,000 population.
Looking at the investment signals, Craven shows a gross rental yield of approximately 1.4%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 23.8x is considered stretched. House prices have moved +13.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.