Davidson is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2085). With a population of 2,725, the suburb has a mature demographic with a median age of 45. Households earn a median income of $169K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Davidson is $1.6 million, having dropped significantly 34.7% over the past year. Units have a median price of $1.7 million (+9.5% YoY). The current median weekly rent is $1600. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $3,250.
Davidson is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Davidson offers a gross rental yield of 5.2%, rated as high yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -34.7% year-on-year.
Davidson is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2085). With a population of 2,725, the suburb has a mature demographic with a median age of 45. Households earn a median income of $169K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Davidson is $1.6 million, having dropped significantly 34.7% over the past year. Units have a median price of $1.7 million (+9.5% YoY). The current median weekly rent is $1600. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $3,250.
Davidson is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Davidson offers a gross rental yield of 5.2%, rated as high yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -34.7% year-on-year.