Crosslands is a small community in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 626, the suburb has an established demographic with a median age of 41. Households earn a median income of $72K per year, with an average household size of 2.8 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Crosslands is $778,000, having dropped significantly 11.4% over the past year. Units have a median price of $701,000 (+59.5% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,863.
Public transport access includes 1 bus stop. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Crosslands offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($778K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -11.4% year-on-year.
Crosslands is a small community in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 626, the suburb has an established demographic with a median age of 41. Households earn a median income of $72K per year, with an average household size of 2.8 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Crosslands is $778,000, having dropped significantly 11.4% over the past year. Units have a median price of $701,000 (+59.5% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,863.
Public transport access includes 1 bus stop. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Crosslands offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($778K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -11.4% year-on-year.