Wallabi Point is a small community in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 938, the suburb has a mature demographic with a median age of 45. Households earn a median income of $92K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wallabi Point is $740,000, having dropped significantly 30.2% over the past year. Units have a median price of $419,000 (-41.8% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,975.
Public transport access includes 15 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Wallabi Point offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -30.2% year-on-year.
Wallabi Point is a small community in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 938, the suburb has a mature demographic with a median age of 45. Households earn a median income of $92K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wallabi Point is $740,000, having dropped significantly 30.2% over the past year. Units have a median price of $419,000 (-41.8% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,975.
Public transport access includes 15 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Wallabi Point offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -30.2% year-on-year.