Saratoga is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 3,982, the suburb has an established demographic with a median age of 43. Households earn a median income of $103K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Saratoga is $1.2 million, having dropped significantly 13% over the past year. Units have a median price of $1.0 million (+3.3% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,167.
Saratoga is served by 1 school, including 1 primary. The average ICSEA score is 1014, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 22 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Saratoga offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -13.0% year-on-year.
Saratoga is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2251). With a population of 3,982, the suburb has an established demographic with a median age of 43. Households earn a median income of $103K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Saratoga is $1.2 million, having dropped significantly 13% over the past year. Units have a median price of $1.0 million (+3.3% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,167.
Saratoga is served by 1 school, including 1 primary. The average ICSEA score is 1014, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 22 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Saratoga offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -13.0% year-on-year.