Located in New South Wales within the Mid-Coast local government area, Elizabeth Beach is a sparsely populated locality (postcode 2428). With a population of 259, the suburb has an older-leaning population with a median age of 51. Households earn a median income of $82K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Elizabeth Beach is $1.4 million, having climbed sharply by 31.8% over the past year. Units have a median price of $620,000. The current median weekly rent is $528. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,541.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Elizabeth Beach shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 17.6x is considered stretched. House prices have moved +31.8% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.