Rookhurst is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 60, the suburb has an older demographic with a median age of 61. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Rookhurst is $900,000, having dropped significantly 45% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.0%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Rookhurst offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.6x is considered stretched. House prices have moved -45.0% year-on-year.
Rookhurst is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 60, the suburb has an older demographic with a median age of 61. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Rookhurst is $900,000, having dropped significantly 45% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.0%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Rookhurst offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.6x is considered stretched. House prices have moved -45.0% year-on-year.