Kulnura (postcode 2250) is a small community in New South Wales within the Central Coast (NSW) local government area. The area has roughly 589 residents and an older-leaning population, with a median age of 48. Households earn a median income of $99K per year, with an average household size of 2.8 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 +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 managers, labourers, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
Median house prices in Kulnura stand at $2.0 million, having dipped slightly by 0.9% over the last twelve months. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,500.
Kulnura is served by 1 school, including 1 primary. The average ICSEA score is 975, which is around the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, Kulnura shows a gross rental yield of approximately 1.7%, rated 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 20.1x is considered stretched. House prices have moved -0.9% 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.