Hat Head is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 365, the suburb has an older demographic with a median age of 60. Households earn a median income of $51K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Hat Head is $1.1 million, having surged 33.8% over the past year. Units have a median price of $714,000 (+224.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,860.
Public transport access includes 2 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Hat Head offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +33.8% year-on-year.
Hat Head is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 365, the suburb has an older demographic with a median age of 60. Households earn a median income of $51K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Hat Head is $1.1 million, having surged 33.8% over the past year. Units have a median price of $714,000 (+224.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,860.
Public transport access includes 2 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Hat Head offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +33.8% year-on-year.