Gum Scrub is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2441). With a population of 121, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Gum Scrub is $875,000, having dropped significantly 14.2% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Gum Scrub offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($875K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved -14.2% year-on-year.
Gum Scrub is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2441). With a population of 121, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Gum Scrub is $875,000, having dropped significantly 14.2% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Gum Scrub offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($875K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved -14.2% year-on-year.