The Entrance is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 4,244, the suburb has a mature demographic with a median age of 50. Households earn a median income of $50K per year, with an average household size of 1.9 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in The Entrance is $1.2 million, having surged 26.8% over the past year. Units have a median price of $630,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
The Entrance is served by 1 school, including 1 primary. The average ICSEA score is 923, which is below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, The Entrance offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 23.9x is considered stretched. House prices have moved +26.8% year-on-year.
The Entrance is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 4,244, the suburb has a mature demographic with a median age of 50. Households earn a median income of $50K per year, with an average household size of 1.9 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in The Entrance is $1.2 million, having surged 26.8% over the past year. Units have a median price of $630,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
The Entrance is served by 1 school, including 1 primary. The average ICSEA score is 923, which is below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, The Entrance offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 23.9x is considered stretched. House prices have moved +26.8% year-on-year.