Peats Ridge is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 301, the suburb has an established demographic with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Italian.
The median house price in Peats Ridge is $8.0 million, having surged 219.4% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $2,500.
Peats Ridge is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Peats Ridge offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($8.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 81.9x is considered stretched. House prices have moved +219.4% year-on-year.
Peats Ridge is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 301, the suburb has an established demographic with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Italian.
The median house price in Peats Ridge is $8.0 million, having surged 219.4% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $2,500.
Peats Ridge is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Peats Ridge offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($8.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 81.9x is considered stretched. House prices have moved +219.4% year-on-year.