Tarbuck Bay is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 194, the suburb has a mature demographic with a median age of 48. Households earn a median income of $53K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Tarbuck Bay is $835,000, having grown strongly 6.4% over the past year. Units have a median price of $455,000 (+80.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,192.
Public transport access includes 6 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, Tarbuck Bay offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($835K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.7x is considered stretched. House prices have moved +6.4% year-on-year.
Tarbuck Bay is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2428). With a population of 194, the suburb has a mature demographic with a median age of 48. Households earn a median income of $53K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Tarbuck Bay is $835,000, having grown strongly 6.4% over the past year. Units have a median price of $455,000 (+80.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,192.
Public transport access includes 6 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, Tarbuck Bay offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($835K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.7x is considered stretched. House prices have moved +6.4% year-on-year.