Tugrabakh (postcode 2422) is a sparsely populated locality in New South Wales within the Mid-Coast local government area. It is home to about 81 residents, with a mature demographic and a median age of 48. Households earn a median income of $66K per year, with an average household size of 2.6 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 education. The top ancestries reported are Australian, English, Scottish.
The median house price in Tugrabakh is $520,000, having fallen by 4.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,000.
Public transport access includes 11 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 4.8%, which reads as moderate yield. Property prices sit below the state median ($520K/$1.5M), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -4.6% 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.