Hawks Nest is a small community in New South Wales within the Mid-Coast local government area (postcode 2324). With a population of 1,413, the suburb has an older demographic with a median age of 61. Households earn a median income of $57K per year, with an average household size of 2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Hawks Nest is $1.1 million, having surged 29.6% over the past year. Units have a median price of $625,000 (-2.3% YoY). The current median weekly rent is $578. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 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, Hawks Nest offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 20.2x is considered stretched. House prices have moved +29.6% year-on-year.
Hawks Nest is a small community in New South Wales within the Mid-Coast local government area (postcode 2324). With a population of 1,413, the suburb has an older demographic with a median age of 61. Households earn a median income of $57K per year, with an average household size of 2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Hawks Nest is $1.1 million, having surged 29.6% over the past year. Units have a median price of $625,000 (-2.3% YoY). The current median weekly rent is $578. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 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, Hawks Nest offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 20.2x is considered stretched. House prices have moved +29.6% year-on-year.