Located in New South Wales within the Central Coast (NSW) local government area, Rocky Point is a quiet locality (postcode 2259). It is home to about 275 residents, with an established demographic and a median age of 42. Households earn a median income of $87K per year, with an average household size of 2.8 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 technicians & trades, clerical & administrative, managers. Employment in the area leans toward retail trade and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Rocky Point stand at $850,000, having declined steeply by 10% over the last twelve months. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,080.
The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
On the investment side, Rocky Point shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), which can point to relative value. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -10.0% 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.