Lovett Bay is a quiet locality in New South Wales within the Northern Beaches local government area (postcode 2105). With a population of 117, the suburb has an older demographic with a median age of 59. Households earn a median income of $127K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Lovett Bay is $2.9 million, having dropped significantly 29.5% over the past year. The current median weekly rent is $1325. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $3,696.
The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Lovett Bay offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.1x is considered stretched. House prices have moved -29.5% year-on-year.
Lovett Bay is a quiet locality in New South Wales within the Northern Beaches local government area (postcode 2105). With a population of 117, the suburb has an older demographic with a median age of 59. Households earn a median income of $127K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Lovett Bay is $2.9 million, having dropped significantly 29.5% over the past year. The current median weekly rent is $1325. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $3,696.
The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Lovett Bay offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.1x is considered stretched. House prices have moved -29.5% year-on-year.