Stratford is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 161, the suburb has a mature demographic with a median age of 47. Households earn a median income of $51K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, managers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Stratford is $306,000, having dropped significantly 20% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $1,062.
Stratford is served by 1 school, including 1 primary. The average ICSEA score is 904, which is below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Stratford offers a gross rental yield of 8.9%, rated as high yield. Property prices sit below the state median ($306K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -20.0% year-on-year.
Stratford is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 161, the suburb has a mature demographic with a median age of 47. Households earn a median income of $51K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, managers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Stratford is $306,000, having dropped significantly 20% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $1,062.
Stratford is served by 1 school, including 1 primary. The average ICSEA score is 904, which is below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Stratford offers a gross rental yield of 8.9%, rated as high yield. Property prices sit below the state median ($306K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -20.0% year-on-year.