Nabiac (postcode 2312) is a close-knit residential community in New South Wales within the Mid-Coast local government area. With a population of 1,294, the suburb has a settled, mature resident base with a median age of 48. Households earn a median income of $65K per year, with an average household size of 2.6 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 technicians & trades, labourers, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Nabiac stand at $625,000, having declined steeply by 15.3% over the last twelve months. Units have a median price of $285,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,517.
Nabiac is served by 1 school, including 1 primary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 1 rail station, 2 ferry wharfves, 46 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
Looking at the investment signals, Nabiac shows a gross rental yield of approximately 5.0%, rated as moderate yield. Property prices sit below the state median ($625K/$1.5M), which can point to relative value. The price-to-income ratio of 9.6x is considered moderate. House prices have moved -15.3% 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.