Sawtell is a smaller suburb in New South Wales within the Coffs Harbour local government area (postcode 2452). With a population of 3,788, the suburb has a mature demographic with a median age of 47. Households earn a median income of $73K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Sawtell is $1.5 million, having surged 24.7% over the past year. Units have a median price of $1.6 million (+114.7% YoY). The current median weekly rent is $598. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
Sawtell is served by 2 schools, including 2 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Sawtell offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 20.4x is considered stretched. House prices have moved +24.7% year-on-year.
Sawtell is a smaller suburb in New South Wales within the Coffs Harbour local government area (postcode 2452). With a population of 3,788, the suburb has a mature demographic with a median age of 47. Households earn a median income of $73K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Sawtell is $1.5 million, having surged 24.7% over the past year. Units have a median price of $1.6 million (+114.7% YoY). The current median weekly rent is $598. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
Sawtell is served by 2 schools, including 2 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Sawtell offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 20.4x is considered stretched. House prices have moved +24.7% year-on-year.