Mondrook is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 167, 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 2.6 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Mondrook is $1.1 million, having surged 326.8% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,811.
Public transport access includes 10 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, Mondrook offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.5x is considered stretched. House prices have moved +326.8% year-on-year.
Mondrook is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 167, 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 2.6 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Mondrook is $1.1 million, having surged 326.8% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,811.
Public transport access includes 10 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, Mondrook offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.5x is considered stretched. House prices have moved +326.8% year-on-year.