Little Wobby (postcode 2256) is a small, quiet locality in New South Wales within the Central Coast (NSW) local government area. It is home to about 23 residents, with a more retirement-aged population and a median age of 62. Households earn a median income of $58K per year, with an average household size of 1.9 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 professionals, sales, labourers. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Scottish, Irish, English.
Median house prices in Little Wobby stand at $835,000, having dropped significantly by 26.6% over the last twelve months. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.6%, which reads as moderate yield. Property prices sit below the state median ($835K/$1.5M), which can point to relative value. The price-to-income ratio of 14.3x is considered stretched. House prices have moved -26.6% 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.