Point Frederick (postcode 2250) is a smaller suburb in New South Wales within the Central Coast (NSW) local government area. With a population of 2,043, the suburb has a settled, mature resident base with a median age of 48. Households earn a median income of $85K per year, with an average household size of 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 professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Point Frederick has a median house price of $2.1 million, which has dropped significantly by 10.6% year-on-year. Units have a median price of $765,000 (+12.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,947.
Public transport access includes 11 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
Looking at the investment signals, Point Frederick shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.8x is considered stretched. House prices have moved -10.6% 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.