Craven Plateau is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 14, the suburb has an older demographic with a median age of 62. Households earn a median income of $97K per year, with an average household size of 2 people.
The median house price in Craven Plateau is $468,000, having surged 103.3% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $2,038.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Craven Plateau offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($468K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.8x is considered affordable. House prices have moved +103.3% year-on-year.
Craven Plateau is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 14, the suburb has an older demographic with a median age of 62. Households earn a median income of $97K per year, with an average household size of 2 people.
The median house price in Craven Plateau is $468,000, having surged 103.3% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $2,038.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Craven Plateau offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($468K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.8x is considered affordable. House prices have moved +103.3% year-on-year.