Elvina Bay is a quiet locality in New South Wales within the Northern Beaches local government area (postcode 2105). With a population of 80, the suburb has a mature demographic with a median age of 50. Households earn a median income of $102K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Elvina Bay is $1.1 million, having dropped significantly 8.7% over the past year. The current median weekly rent is $1325. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $2,400.
Public transport access includes 1 ferry wharf. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Elvina Bay offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -8.7% year-on-year.
Elvina Bay is a quiet locality in New South Wales within the Northern Beaches local government area (postcode 2105). With a population of 80, the suburb has a mature demographic with a median age of 50. Households earn a median income of $102K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Elvina Bay is $1.1 million, having dropped significantly 8.7% over the past year. The current median weekly rent is $1325. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $2,400.
Public transport access includes 1 ferry wharf. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Elvina Bay offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -8.7% year-on-year.