Located in New South Wales within the Mid-Coast local government area, Rookhurst is a small, quiet locality (postcode 2422). It is home to about 60 residents, with a more retirement-aged population and a median age of 61. Households earn a median income of $72K per year, with an average household size of 2.4 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, machinery operators & drivers. Employment in the area leans toward construction and agriculture. The top ancestries reported are English, Australian, Scottish.
The median house price in Rookhurst is $473,000, broadly unchanged over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,842.
Public transport access includes 3 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Rookhurst shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices sit below the state median ($473K/$1.5M), which can point to relative value. The price-to-income ratio of 6.6x is considered moderate. House prices have moved +0.0% 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.