Picketts Valley is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 221, the suburb has an established demographic with a median age of 42. Households earn a median income of $154K per year, with an average household size of 3.5 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Picketts Valley is $2.3 million, having dropped significantly 21% over the past year. The current median weekly rent is $840. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,500.
Public transport access includes 3 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, Picketts Valley offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -21.0% year-on-year.
Picketts Valley is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 221, the suburb has an established demographic with a median age of 42. Households earn a median income of $154K per year, with an average household size of 3.5 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Picketts Valley is $2.3 million, having dropped significantly 21% over the past year. The current median weekly rent is $840. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,500.
Public transport access includes 3 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, Picketts Valley offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -21.0% year-on-year.