Located in New South Wales within the Coffs Harbour local government area, Moonee Beach is a smaller residential area (postcode 2450). The area has roughly 2,176 residents and an established family demographic, with a median age of 41. Households earn a median income of $98K per year, with an average household size of 2.8 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Moonee Beach sit at $1.1 million, little changed on a year ago. Units have a median price of $805,000 (+11.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,965.
Public transport access includes 34 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 5,038 incidents per 100,000 population.
From an investment perspective, Moonee Beach shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved -0.2% 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.