Freshwater is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2096). With a population of 9,186, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $142K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Freshwater is $4.1 million, having grown strongly 5.6% over the past year. Units have a median price of $1.0 million (-21.6% YoY). The current median weekly rent is $935. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,055.
Freshwater is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 44 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Freshwater offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.7x is considered stretched. House prices have moved +5.6% year-on-year.
Freshwater is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2096). With a population of 9,186, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $142K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Freshwater is $4.1 million, having grown strongly 5.6% over the past year. Units have a median price of $1.0 million (-21.6% YoY). The current median weekly rent is $935. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,055.
Freshwater is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 44 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Freshwater offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.7x is considered stretched. House prices have moved +5.6% year-on-year.