Elizabeth Beach is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 259, the suburb has a mature demographic with a median age of 51. Households earn a median income of $82K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Elizabeth Beach is $1.7 million, having surged 54.1% over the past year. Units have a median price of $1.3 million (+29.2% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.5%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Elizabeth Beach offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +54.1% year-on-year.
Elizabeth Beach is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 259, the suburb has a mature demographic with a median age of 51. Households earn a median income of $82K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Elizabeth Beach is $1.7 million, having surged 54.1% over the past year. Units have a median price of $1.3 million (+29.2% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.5%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Elizabeth Beach offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +54.1% year-on-year.