Monkerai is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2415). With a population of 102, the suburb has a mature demographic with a median age of 51. Households earn a median income of $67K per year, with an average household size of 2.7 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Monkerai is $850,000, having dipped slightly 2.6% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,488.
Public transport access includes 7 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, Monkerai offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.8x is considered stretched. House prices have moved -2.6% year-on-year.
Monkerai is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2415). With a population of 102, the suburb has a mature demographic with a median age of 51. Households earn a median income of $67K per year, with an average household size of 2.7 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Monkerai is $850,000, having dipped slightly 2.6% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,488.
Public transport access includes 7 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, Monkerai offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.8x is considered stretched. House prices have moved -2.6% year-on-year.