Hastings Point (postcode 2489) is a close-knit residential community in New South Wales within the Tweed local government area. The area has roughly 661 residents and a predominantly older resident base, with a median age of 67. Households earn a median income of $39K per year, with an average household size of 1.7 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 +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, professionals, community & personal service. Employment in the area leans toward accommodation & food and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in Hastings Point stand at $2.0 million, having fallen sharply by 9.1% over the last twelve months. Units have a median price of $905,000 (+4.6% YoY). The current median weekly rent is $860. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $960.
Public transport access includes 5 bus stops. The crime rate in the Tweed LGA is below average at 3,518 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 51.7x is considered stretched. House prices have moved -9.1% 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.