Oyster Cove is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2318). With a population of 91, the suburb has an older demographic with a median age of 56. Households earn a median income of $62K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Oyster Cove is $340,000, having dropped significantly 41.4% over the past year. The current median weekly rent is $690. This gives a gross rental yield of approximately 10.6%. The median monthly mortgage repayment is $1,600.
Public transport access includes 1 bus stop. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Oyster Cove offers a gross rental yield of 10.6%, rated as high yield. Property prices sit below the state median ($340K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -41.4% year-on-year.
Oyster Cove is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2318). With a population of 91, the suburb has an older demographic with a median age of 56. Households earn a median income of $62K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Oyster Cove is $340,000, having dropped significantly 41.4% over the past year. The current median weekly rent is $690. This gives a gross rental yield of approximately 10.6%. The median monthly mortgage repayment is $1,600.
Public transport access includes 1 bus stop. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Oyster Cove offers a gross rental yield of 10.6%, rated as high yield. Property prices sit below the state median ($340K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -41.4% year-on-year.