Gearys Flat is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2441). With a population of 3, the suburb has an older demographic with a median age of 73. Households earn a median income of $59K per year, with an average household size of 3 people.
The median house price in Gearys Flat is $1.0 million, having surged 9801% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $780.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Gearys Flat offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.1x is considered stretched. House prices have moved +9801.0% year-on-year.
Gearys Flat is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2441). With a population of 3, the suburb has an older demographic with a median age of 73. Households earn a median income of $59K per year, with an average household size of 3 people.
The median house price in Gearys Flat is $1.0 million, having surged 9801% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $780.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Gearys Flat offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.1x is considered stretched. House prices have moved +9801.0% year-on-year.