Kew is a small community in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 1,761, the suburb has a more retirement-aged population with a median age of 63. Households earn a median income of $58K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, technicians & trades, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
The median house price in Kew is $878,000, having risen solidly by 5.4% over the past year. Units have a median price of $636,000 (+13.7% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,769.
Public transport access includes 12 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
From an investment perspective, Kew shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($878K/$1.5M), which can point to relative value. The price-to-income ratio of 15.2x is considered stretched. House prices have moved +5.4% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.