Saltwater is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 4, the suburb has an older demographic with a median age of 58. Households earn a median income of $98K per year, with an average household size of 3 people.
The median house price in Saltwater is $460,000, having surged 10.6% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 5.6%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Saltwater offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($460K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +10.6% year-on-year.
Saltwater is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 4, the suburb has an older demographic with a median age of 58. Households earn a median income of $98K per year, with an average household size of 3 people.
The median house price in Saltwater is $460,000, having surged 10.6% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 5.6%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Saltwater offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($460K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +10.6% year-on-year.