Herons Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 246, the suburb has a mature demographic with a median age of 46. Households earn a median income of $66K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Herons Creek is $853,000, having dropped significantly 25.9% over the past year. The current median weekly rent is $980. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,473.
Herons Creek is served by 1 school, including 1 primary. The average ICSEA score is 919, which is below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Herons Creek offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($853K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -25.9% year-on-year.
Herons Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 246, the suburb has a mature demographic with a median age of 46. Households earn a median income of $66K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Herons Creek is $853,000, having dropped significantly 25.9% over the past year. The current median weekly rent is $980. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,473.
Herons Creek is served by 1 school, including 1 primary. The average ICSEA score is 919, which is below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Herons Creek offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($853K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -25.9% year-on-year.