Patonga is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2256). With a population of 235, the suburb has an older demographic with a median age of 65. Households earn a median income of $56K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Patonga is $1.8 million, having surged 33.5% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 10 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, Patonga offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 33.0x is considered stretched. House prices have moved +33.5% year-on-year.
Patonga is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2256). With a population of 235, the suburb has an older demographic with a median age of 65. Households earn a median income of $56K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Patonga is $1.8 million, having surged 33.5% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 10 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, Patonga offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 33.0x is considered stretched. House prices have moved +33.5% year-on-year.