Located in New South Wales within the Port Macquarie-Hastings local government area, Wauchope is a medium-sized suburb (postcode 2446). It is home to about 6,589 residents, with an established demographic and a median age of 43. Households earn a median income of $58K 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 +1.5% 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 community & personal service, technicians & trades, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Wauchope stand at $700,000, having risen modestly by 0.9% over the last twelve months. Units have a median price of $555,000 (+7.8% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,517.
Wauchope is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 1 rail station, 2 ferry wharfves, 34 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 4.0%, which reads as moderate yield. Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 12.1x is considered stretched. House prices have moved +0.9% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.