The Branch is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2425). With a population of 130, the suburb has an established demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in The Branch is $1.8 million, having surged 75% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,266.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, The Branch offers a gross rental yield of 1.2%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 28.4x is considered stretched. House prices have moved +75.0% year-on-year.
The Branch is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2425). With a population of 130, the suburb has an established demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in The Branch is $1.8 million, having surged 75% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,266.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, The Branch offers a gross rental yield of 1.2%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 28.4x is considered stretched. House prices have moved +75.0% year-on-year.