Greengrove is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 14, the suburb has an older demographic with a median age of 58. Households earn a median income of $75K per year, with an average household size of 2.2 people. The top ancestries reported are English, Scottish, German.
The median house price in Greengrove is $3.5 million, having surged 316.2% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.0%.
Public transport access includes 1 ferry wharf. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Greengrove offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 47.3x is considered stretched. House prices have moved +316.2% year-on-year.
Greengrove is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 14, the suburb has an older demographic with a median age of 58. Households earn a median income of $75K per year, with an average household size of 2.2 people. The top ancestries reported are English, Scottish, German.
The median house price in Greengrove is $3.5 million, having surged 316.2% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.0%.
Public transport access includes 1 ferry wharf. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Greengrove offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 47.3x is considered stretched. House prices have moved +316.2% year-on-year.