Langley Vale is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2426). With a population of 82, the suburb has a mature demographic with a median age of 46. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, sales, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Langley Vale is $790,000, having surged 50.5% over the past year. The current median weekly rent is $550. 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 3,753 incidents per 100,000 population.
From an investment perspective, Langley Vale offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.3x is considered stretched. House prices have moved +50.5% year-on-year.
Langley Vale is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2426). With a population of 82, the suburb has a mature demographic with a median age of 46. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, sales, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Langley Vale is $790,000, having surged 50.5% over the past year. The current median weekly rent is $550. 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 3,753 incidents per 100,000 population.
From an investment perspective, Langley Vale offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.3x is considered stretched. House prices have moved +50.5% year-on-year.