Mangrove Mountain is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 736, the suburb has an established demographic with a median age of 43. Households earn a median income of $94K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Mangrove Mountain is $2.1 million, having increased 2.4% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 14 ferry wharfves, 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Mangrove Mountain offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.2x is considered stretched. House prices have moved +2.4% year-on-year.
Mangrove Mountain is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 736, the suburb has an established demographic with a median age of 43. Households earn a median income of $94K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Mangrove Mountain is $2.1 million, having increased 2.4% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 14 ferry wharfves, 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Mangrove Mountain offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.2x is considered stretched. House prices have moved +2.4% year-on-year.