Gosford is a smaller residential area in New South Wales within the Central Coast (NSW) local government area (postcode 2250). It is home to about 4,873 residents, with a mix of families and early-career residents and a median age of 35. Households earn a median income of $74K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Gosford has a median house price of $988,000, which has declined steeply by 9.3% year-on-year. Units have a median price of $683,000 (+16.7% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,665.
Gosford is served by 5 schools, including 1 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 1049, which is around the national average of 1,000. Public transport access includes 41 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, Gosford shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices sit below the state median ($988K/$1.5M), which can point to relative value. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -9.3% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.