Langley Vale (postcode 2426) is a small, quiet locality in New South Wales within the Mid-Coast local government area. It is home to about 82 residents, with an older-leaning population and a median age of 46. Households earn a median income of $55K per year, with an average household size of 2.5 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 clerical & administrative, sales, labourers. Employment in the area leans toward retail trade and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Langley Vale stand at $429,000, having surged by 53.2% over the last twelve months. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,517.
Public transport access includes 2 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
From an investment perspective, Langley Vale shows a gross rental yield of approximately 3.6%, rated as moderate yield. Property prices sit below the state median ($429K/$1.5M), which can point to relative value. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +53.2% 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.