Pindimar is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2324). With a population of 345, the suburb has an older demographic with a median age of 60. Households earn a median income of $55K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Pindimar is $122,000, having dropped significantly 48.1% over the past year. The current median weekly rent is $578. This gives a gross rental yield of approximately 24.6%. The median monthly mortgage repayment is $1,700.
Public transport access includes 6 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Pindimar offers a gross rental yield of 24.6%, rated as high yield. Property prices sit below the state median ($122K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.2x is considered affordable. House prices have moved -48.1% year-on-year.
Pindimar is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2324). With a population of 345, the suburb has an older demographic with a median age of 60. Households earn a median income of $55K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Pindimar is $122,000, having dropped significantly 48.1% over the past year. The current median weekly rent is $578. This gives a gross rental yield of approximately 24.6%. The median monthly mortgage repayment is $1,700.
Public transport access includes 6 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Pindimar offers a gross rental yield of 24.6%, rated as high yield. Property prices sit below the state median ($122K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.2x is considered affordable. House prices have moved -48.1% year-on-year.