Harrington is a smaller suburb in New South Wales within the Mid-Coast local government area (postcode 2427). With a population of 3,381, the suburb has an older demographic with a median age of 64. Households earn a median income of $46K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Harrington is $875,000, having surged 16% over the past year. Units have a median price of $715,000 (+36.2% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,517.
Harrington is served by 1 school, including 1 primary. The average ICSEA score is 949, which is below the national average of 1,000. Public transport access includes 49 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, Harrington offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($875K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 19.1x is considered stretched. House prices have moved +16.0% year-on-year.
Harrington is a smaller suburb in New South Wales within the Mid-Coast local government area (postcode 2427). With a population of 3,381, the suburb has an older demographic with a median age of 64. Households earn a median income of $46K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Harrington is $875,000, having surged 16% over the past year. Units have a median price of $715,000 (+36.2% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,517.
Harrington is served by 1 school, including 1 primary. The average ICSEA score is 949, which is below the national average of 1,000. Public transport access includes 49 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, Harrington offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($875K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 19.1x is considered stretched. House prices have moved +16.0% year-on-year.