Norah Head is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2263). With a population of 1,149, the suburb has a mature demographic with a median age of 51. Households earn a median income of $89K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Norah Head is $1.5 million, having dipped slightly 2.3% over the past year. Units have a median price of $966,000 (+8.5% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 15 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Norah Head offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 17.0x is considered stretched. House prices have moved -2.3% year-on-year.
Norah Head is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2263). With a population of 1,149, the suburb has a mature demographic with a median age of 51. Households earn a median income of $89K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Norah Head is $1.5 million, having dipped slightly 2.3% over the past year. Units have a median price of $966,000 (+8.5% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 15 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Norah Head offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 17.0x is considered stretched. House prices have moved -2.3% year-on-year.