Located in New South Wales within the Central Coast (NSW) local government area, Tacoma is a close-knit residential community (postcode 2259). With a population of 615, the suburb has a settled mid-life population with a median age of 40. Households earn a median income of $87K per year, with an average household size of 3 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. The most common occupations are labourers, community & personal service, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Tacoma stand at $830,000, having risen modestly by 1.2% over the last twelve months. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Tacoma is served by 1 school, including 1 primary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.1%, which reads as moderate yield. Property prices sit below the state median ($830K/$1.5M), which can point to relative value. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +1.2% 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.