Nambucca Heads is a mid-sized suburb in New South Wales within the Nambucca Valley local government area (postcode 2448). With a population of 6,675, the suburb has an older demographic with a median age of 57. Households earn a median income of $44K per year, with an average household size of 2 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Nambucca Heads is $299,000, having dropped significantly 56% over the past year. Units have a median price of $550,000 (+10% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,300.
Nambucca Heads is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 2 rail stations, 33 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Nambucca Heads offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($299K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved -56.0% year-on-year.
Nambucca Heads is a mid-sized suburb in New South Wales within the Nambucca Valley local government area (postcode 2448). With a population of 6,675, the suburb has an older demographic with a median age of 57. Households earn a median income of $44K per year, with an average household size of 2 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Nambucca Heads is $299,000, having dropped significantly 56% over the past year. Units have a median price of $550,000 (+10% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,300.
Nambucca Heads is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 2 rail stations, 33 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Nambucca Heads offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($299K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved -56.0% year-on-year.