Marlee is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 199, the suburb has a mature demographic with a median age of 53. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are labourers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Marlee is $750,000, having surged 66.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,391.
Public transport access includes 5 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, Marlee offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +66.7% year-on-year.
Marlee is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 199, the suburb has a mature demographic with a median age of 53. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are labourers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Marlee is $750,000, having surged 66.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,391.
Public transport access includes 5 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, Marlee offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +66.7% year-on-year.