Oxley Island is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 321, the suburb has a mature demographic with a median age of 45. Households earn a median income of $74K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Oxley Island is $1.1 million, having surged 38.1% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,965.
Public transport access includes 1 ferry wharf, 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Oxley Island offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 14.4x is considered stretched. House prices have moved +38.1% year-on-year.
Oxley Island is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 321, the suburb has a mature demographic with a median age of 45. Households earn a median income of $74K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Oxley Island is $1.1 million, having surged 38.1% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,965.
Public transport access includes 1 ferry wharf, 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Oxley Island offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 14.4x is considered stretched. House prices have moved +38.1% year-on-year.