Seal Rocks (postcode 2423) is a small, quiet locality in New South Wales within the Mid-Coast local government area. With a population of 56, the suburb has a settled, mature resident base with a median age of 46. Households earn a median income of $74K per year, with an average household size of 2.1 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. Employment in the area leans toward accommodation & food and utilities. The top ancestries reported are Australian, English, Scottish.
Median house prices in Seal Rocks stand at $2.0 million, having jumped by 44.9% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,350.
The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
From an investment perspective, Seal Rocks shows a gross rental yield of approximately 1.4%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.2x is considered stretched. House prices have moved +44.9% 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.