Forresters Beach is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2260). With a population of 3,354, the suburb has an established demographic with a median age of 44. Households earn a median income of $91K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Forresters Beach is $1.5 million, having increased 2.6% over the past year. Units have a median price of $455,000 (-57.9% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,171.
Public transport access includes 31 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Forresters Beach offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +2.6% year-on-year.
Forresters Beach is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2260). With a population of 3,354, the suburb has an established demographic with a median age of 44. Households earn a median income of $91K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Forresters Beach is $1.5 million, having increased 2.6% over the past year. Units have a median price of $455,000 (-57.9% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,171.
Public transport access includes 31 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Forresters Beach offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +2.6% year-on-year.