Upper Orara is a small community in New South Wales within the Coffs Harbour local government area (postcode 2450). With a population of 863, the suburb has a mature demographic with a median age of 45. Households earn a median income of $90K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Upper Orara is $915,000, having declined 7.1% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,800.
Upper Orara is served by 1 school, including 1 primary. The average ICSEA score is 940, which is below the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Upper Orara offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($915K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved -7.1% year-on-year.
Upper Orara is a small community in New South Wales within the Coffs Harbour local government area (postcode 2450). With a population of 863, the suburb has a mature demographic with a median age of 45. Households earn a median income of $90K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Upper Orara is $915,000, having declined 7.1% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,800.
Upper Orara is served by 1 school, including 1 primary. The average ICSEA score is 940, which is below the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Upper Orara offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($915K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved -7.1% year-on-year.