Charlotte Bay (postcode 2428) is a small, quiet locality in New South Wales within the Mid-Coast local government area. With a population of 175, the suburb has a mature demographic with a median age of 47. Households earn a median income of $62K per year, with an average household size of 2.7 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 +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Charlotte Bay is $1.3 million, having surged by 49.4% over the past year. The current median weekly rent is $534. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,560.
Public transport access includes 14 bus stops. The crime rate in the Mid-Coast LGA is moderate at 4,023 incidents per 100,000 population.
On the investment side, Charlotte Bay shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 21.1x is considered stretched. House prices have moved +49.4% 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.