Laurieton (postcode 2443) is a smaller suburb in New South Wales within the Port Macquarie-Hastings local government area. The area has roughly 2,012 residents and a more retirement-aged population, with a median age of 67. Households earn a median income of $39K per year, with an average household size of 1.7 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, Irish.
Median house prices in Laurieton stand at $865,000, having posted strong gains by 8.1% over the last twelve months. Units have a median price of $630,000 (+15.2% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,365.
Laurieton is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, Laurieton shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices sit below the state median ($865K/$1.5M), which can point to relative value. The price-to-income ratio of 22.0x is considered stretched. House prices have moved +8.1% 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.