One Mile is a small community in New South Wales within the Port Stephens local government area (postcode 2316). With a population of 501, the suburb has a mature demographic with a median age of 54. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in One Mile is $2.4 million, having surged 31.5% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,211.
Public transport access includes 8 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, One Mile offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.4x is considered stretched. House prices have moved +31.5% year-on-year.
One Mile is a small community in New South Wales within the Port Stephens local government area (postcode 2316). With a population of 501, the suburb has a mature demographic with a median age of 54. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in One Mile is $2.4 million, having surged 31.5% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,211.
Public transport access includes 8 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, One Mile offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.4x is considered stretched. House prices have moved +31.5% year-on-year.