Mayers Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 50, the suburb has an older demographic with a median age of 58. Households earn a median income of $59K per year, with an average household size of 2 people. The most common occupations are sales, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Mayers Flat is $1.1 million, having surged 69.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.5%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Mayers Flat offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 18.8x is considered stretched. House prices have moved +69.2% year-on-year.
Mayers Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 50, the suburb has an older demographic with a median age of 58. Households earn a median income of $59K per year, with an average household size of 2 people. The most common occupations are sales, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Mayers Flat is $1.1 million, having surged 69.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.5%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Mayers Flat offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 18.8x is considered stretched. House prices have moved +69.2% year-on-year.