West Haven (postcode 2443) is a close-knit residential community in New South Wales within the Port Macquarie-Hastings local government area. The area has roughly 1,139 residents and a more retirement-aged population, with a median age of 67. Households earn a median income of $49K per year, with an average household size of 2 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 technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in West Haven is $743,000, having declined steeply by 11.1% over the past year. Units have a median price of $410,000 (-30.6% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,625.
Public transport access includes 7 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
From an investment perspective, West Haven shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($743K/$1.5M), which can point to relative value. The price-to-income ratio of 15.2x is considered stretched. House prices have moved -11.1% 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.