Ourimbah is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2258). With a population of 4,019, the suburb has an established demographic with a median age of 39. Households earn a median income of $101K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Ourimbah is $1.2 million, having risen modestly 1.9% over the past year. Units have a median price of $751,000 (+13.8% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,950.
Ourimbah is served by 1 school, including 1 primary. The average ICSEA score is 1018, which is around the national average of 1,000. Public transport access includes 1 rail station, 42 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, Ourimbah offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +1.9% year-on-year.
Ourimbah is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2258). With a population of 4,019, the suburb has an established demographic with a median age of 39. Households earn a median income of $101K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Ourimbah is $1.2 million, having risen modestly 1.9% over the past year. Units have a median price of $751,000 (+13.8% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,950.
Ourimbah is served by 1 school, including 1 primary. The average ICSEA score is 1018, which is around the national average of 1,000. Public transport access includes 1 rail station, 42 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, Ourimbah offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +1.9% year-on-year.