Diamond Beach is a small community in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 1,012, the suburb has a mature demographic with a median age of 50. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Diamond Beach is $765,000, having increased 4.5% over the past year. Units have a median price of $670,000 (+19.6% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,658.
Diamond Beach is served by 1 school, including 1 primary. The average ICSEA score is 1021, which is around the national average of 1,000. 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, Diamond Beach offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($765K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +4.5% year-on-year.
Diamond Beach is a small community in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 1,012, the suburb has a mature demographic with a median age of 50. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Diamond Beach is $765,000, having increased 4.5% over the past year. Units have a median price of $670,000 (+19.6% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,658.
Diamond Beach is served by 1 school, including 1 primary. The average ICSEA score is 1021, which is around the national average of 1,000. 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, Diamond Beach offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($765K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +4.5% year-on-year.