Emerald Beach is a smaller suburb in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 2,677, the suburb has an established demographic with a median age of 41. Households earn a median income of $94K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Emerald Beach is $1.1 million, having grown strongly 9.8% over the past year. Units have a median price of $1.0 million (+31.8% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 31 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Emerald Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +9.8% year-on-year.
Emerald Beach is a smaller suburb in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 2,677, the suburb has an established demographic with a median age of 41. Households earn a median income of $94K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Emerald Beach is $1.1 million, having grown strongly 9.8% over the past year. Units have a median price of $1.0 million (+31.8% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 31 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Emerald Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +9.8% year-on-year.