Spencer (postcode 2775) is a small, quiet locality in New South Wales within the Central Coast (NSW) local government area. It is home to about 288 residents, with an older-leaning population and a median age of 52. Households earn a median income of $47K per year, with an average household size of 2 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 +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, professionals, machinery operators & drivers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Spencer stand at $655,000, having climbed sharply by 37.9% over the last twelve months. The current median weekly rent is $425. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,395.
Public transport access includes 6 ferry wharfves, 1 bus stop. The crime rate in the Central Coast (NSW) LGA is below average at 3,510 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.4%, which reads as moderate yield. Property prices sit below the state median ($655K/$1.5M), which can point to relative value. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +37.9% 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.