Located in New South Wales within the Central Coast (NSW) local government area, Hamlyn Terrace is a mid-sized suburb (postcode 2259). It is home to about 8,761 residents, with a blend of families and working-age professionals and a median age of 36. Households earn a median income of $101K per year, with an average household size of 2.9 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, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Scottish.
The median house price in Hamlyn Terrace is $845,000, having declined steeply by 11.1% over the past year. Units have a median price of $685,000 (+7% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,167.
Hamlyn Terrace is served by 1 school, including 1 primary. The average ICSEA score is 979, which is around the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, Hamlyn Terrace shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices sit below the state median ($845K/$1.5M), which can point to relative value. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -11.1% 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.