Davistown is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 2,602, the suburb has a mature demographic with a median age of 48. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Davistown is $730,000, having dropped significantly 44.1% over the past year. Units have a median price of $693,000 (-26.7% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Davistown offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($730K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.2x is considered stretched. House prices have moved -44.1% year-on-year.
Davistown is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 2,602, the suburb has a mature demographic with a median age of 48. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Davistown is $730,000, having dropped significantly 44.1% over the past year. Units have a median price of $693,000 (-26.7% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Davistown offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($730K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.2x is considered stretched. House prices have moved -44.1% year-on-year.