Moto is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2426). With a population of 144, the suburb has a mature demographic with a median age of 51. Households earn a median income of $56K per year, with an average household size of 2.7 people. The most common occupations are managers, sales, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Moto is $440,000, having dropped significantly 65.4% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $2,325.
Public transport access includes 1 bus stop. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Moto offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($440K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -65.4% year-on-year.
Moto is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2426). With a population of 144, the suburb has a mature demographic with a median age of 51. Households earn a median income of $56K per year, with an average household size of 2.7 people. The most common occupations are managers, sales, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Moto is $440,000, having dropped significantly 65.4% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $2,325.
Public transport access includes 1 bus stop. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Moto offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($440K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -65.4% year-on-year.