Minimbah is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2312). With a population of 199, the suburb has a mature demographic with a median age of 52. Households earn a median income of $72K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Minimbah is $887,000, having grown strongly 5.6% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,625.
Public transport access includes 9 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, Minimbah offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($887K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.4x is considered stretched. House prices have moved +5.6% year-on-year.
Minimbah is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2312). With a population of 199, the suburb has a mature demographic with a median age of 52. Households earn a median income of $72K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Minimbah is $887,000, having grown strongly 5.6% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,625.
Public transport access includes 9 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, Minimbah offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($887K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.4x is considered stretched. House prices have moved +5.6% year-on-year.