Crescent Head is a small community in New South Wales within the Kempsey local government area (postcode 2440). With a population of 1,633, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Crescent Head is $1.7 million, having surged 66.6% over the past year. Units have a median price of $588,000 (-11.2% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,591.
Crescent Head is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Crescent Head offers a gross rental yield of 1.4%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 24.8x is considered stretched. House prices have moved +66.6% year-on-year.
Crescent Head is a small community in New South Wales within the Kempsey local government area (postcode 2440). With a population of 1,633, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Crescent Head is $1.7 million, having surged 66.6% over the past year. Units have a median price of $588,000 (-11.2% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,591.
Crescent Head is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Crescent Head offers a gross rental yield of 1.4%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 24.8x is considered stretched. House prices have moved +66.6% year-on-year.