Darawank is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 451, the suburb has a mature demographic with a median age of 52. Households earn a median income of $67K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Darawank is $1.3 million, having surged 13.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,400.
Public transport access includes 15 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Darawank offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 19.7x is considered stretched. House prices have moved +13.5% year-on-year.
Darawank is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 451, the suburb has a mature demographic with a median age of 52. Households earn a median income of $67K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Darawank is $1.3 million, having surged 13.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,400.
Public transport access includes 15 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Darawank offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 19.7x is considered stretched. House prices have moved +13.5% year-on-year.