Manning Point is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 229, the suburb has an older demographic with a median age of 64. Households earn a median income of $36K per year, with an average household size of 1.6 people. The most common occupations are community & personal service, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Manning Point is $620,000, having risen modestly 1.6% over the past year. Units have a median price of $315,000 (-34.4% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,181.
Public transport access includes 3 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, Manning Point offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($620K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.2x is considered stretched. House prices have moved +1.6% year-on-year.
Manning Point is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 229, the suburb has an older demographic with a median age of 64. Households earn a median income of $36K per year, with an average household size of 1.6 people. The most common occupations are community & personal service, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Manning Point is $620,000, having risen modestly 1.6% over the past year. Units have a median price of $315,000 (-34.4% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,181.
Public transport access includes 3 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, Manning Point offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($620K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.2x is considered stretched. House prices have moved +1.6% year-on-year.