Fernbank Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2444). With a population of 122, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Fernbank Creek is $905,000, having grown strongly 6.5% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,625.
Public transport access includes 2 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Fernbank Creek offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($905K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +6.5% year-on-year.
Fernbank Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2444). With a population of 122, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Fernbank Creek is $905,000, having grown strongly 6.5% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,625.
Public transport access includes 2 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Fernbank Creek offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($905K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +6.5% year-on-year.