Telegraph Point (postcode 2441) is a close-knit residential community in New South Wales within the Port Macquarie-Hastings local government area. The area has roughly 604 residents and a mature demographic, with a median age of 47. Households earn a median income of $79K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 technicians & trades, professionals, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Telegraph Point is $830,000, having risen steeply by 12.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,560.
Telegraph Point is served by 1 school, including 1 primary. The average ICSEA score is 968, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, Telegraph Point shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices sit below the state median ($830K/$1.5M), which can point to relative value. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +12.2% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.