Girvan is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2425). With a population of 210, the suburb has a mature demographic with a median age of 50. Households earn a median income of $66K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Girvan is $850,000, having dropped significantly 22.7% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,165.
Public transport access includes 13 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Girvan offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -22.7% year-on-year.
Girvan is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2425). With a population of 210, the suburb has a mature demographic with a median age of 50. Households earn a median income of $66K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Girvan is $850,000, having dropped significantly 22.7% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,165.
Public transport access includes 13 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Girvan offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -22.7% year-on-year.