Peats Ridge is a sparsely populated locality in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 301, the suburb has a settled mid-life population with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Italian.
Peats Ridge has a median house price of $2.5 million, which has surged by 95.3% year-on-year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. 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 3,557 incidents per 100,000 population.
From an investment perspective, Peats Ridge shows a gross rental yield of approximately 1.4%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.6x is considered stretched. House prices have moved +95.3% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.