South West Rocks is a mid-sized suburb in New South Wales within the Kempsey local government area (postcode 2431). With a population of 5,058, the suburb has an older demographic with a median age of 58. Households earn a median income of $51K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in South West Rocks is $715,000, having dipped slightly 2.1% over the past year. Units have a median price of $500,000 (-16.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,517.
South West Rocks is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, South West Rocks offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($715K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.0x is considered stretched. House prices have moved -2.1% year-on-year.
South West Rocks is a mid-sized suburb in New South Wales within the Kempsey local government area (postcode 2431). With a population of 5,058, the suburb has an older demographic with a median age of 58. Households earn a median income of $51K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in South West Rocks is $715,000, having dipped slightly 2.1% over the past year. Units have a median price of $500,000 (-16.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,517.
South West Rocks is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, South West Rocks offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($715K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.0x is considered stretched. House prices have moved -2.1% year-on-year.