Toms Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 33, the suburb has an older demographic with a median age of 55. Households earn a median income of $36K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Toms Creek is $950,000, having surged 52.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $200.
Public transport access includes 5 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Toms Creek offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 26.1x is considered stretched. House prices have moved +52.6% year-on-year.
Toms Creek is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 33, the suburb has an older demographic with a median age of 55. Households earn a median income of $36K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Toms Creek is $950,000, having surged 52.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $200.
Public transport access includes 5 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Toms Creek offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 26.1x is considered stretched. House prices have moved +52.6% year-on-year.