Dumaresq Island is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 70, the suburb has an older demographic with a median age of 57. Households earn a median income of $134K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Dumaresq Island is $1.4 million, having dropped significantly 35.5% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,900.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Dumaresq Island offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -35.5% year-on-year.
Dumaresq Island is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 70, the suburb has an older demographic with a median age of 57. Households earn a median income of $134K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Dumaresq Island is $1.4 million, having dropped significantly 35.5% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,900.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Dumaresq Island offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -35.5% year-on-year.