Mayers Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). It is home to about 50 residents, with a predominantly older resident base and a median age of 58. Households earn a median income of $59K per year, with an average household size of 2 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 sales, technicians & trades, labourers. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Irish.
Mayers Flat has a median house price of $450,000, holding roughly steady year-on-year. The current median weekly rent is $550. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,331.
Public transport access includes 8 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
Looking at the investment signals, Mayers Flat shows a gross rental yield of approximately 6.4%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), which can point to relative value. The price-to-income ratio of 7.7x is considered moderate. House prices have moved +0.0% 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.