Mortons Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 309, the suburb has a mature demographic with a median age of 47. Households earn a median income of $85K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Mortons Creek is $1.3 million, having surged 19.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,777.
Public transport access includes 4 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Mortons Creek offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.3x is considered stretched. House prices have moved +19.2% year-on-year.
Mortons Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 309, the suburb has a mature demographic with a median age of 47. Households earn a median income of $85K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Mortons Creek is $1.3 million, having surged 19.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,777.
Public transport access includes 4 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Mortons Creek offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.3x is considered stretched. House prices have moved +19.2% year-on-year.