Located in New South Wales within the Mid-Coast local government area, Topi Topi is a small, quiet locality (postcode 2423). With a population of 53, the suburb has a settled, mature resident base with a median age of 53. Households earn a median income of $117K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 managers, professionals, technicians & trades. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Topi Topi stand at $715,000, having risen steeply by 66.5% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,323.
The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Topi Topi shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices sit below the state median ($715K/$1.5M), which can point to relative value. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +66.5% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.