Moorland is a close-knit residential community in New South Wales within the Mid-Coast local government area (postcode 2443). The area has roughly 516 residents and an older-leaning population, with a median age of 46. Households earn a median income of $66K per year, with an average household size of 2.5 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 managers, labourers, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Moorland is $493,000, having fallen sharply by 15.8% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,473.
Moorland is served by 1 school, including 1 primary. The average ICSEA score is 825, which is well below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 5.0%, which reads as moderate yield. Property prices sit below the state median ($493K/$1.5M), which can point to relative value. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -15.8% 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.