North Arm Cove (postcode 2324) is a close-knit residential community in New South Wales within the Mid-Coast local government area. The area has roughly 552 residents and a more retirement-aged population, with a median age of 56. Households earn a median income of $66K per year, with an average household size of 2.3 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 managers, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in North Arm Cove sit at $55,000, little changed on a year ago. The current median weekly rent is $600. This gives a gross rental yield of approximately 56.7%. The median monthly mortgage repayment is $1,950.
Public transport access includes 9 bus stops. The crime rate in the Mid-Coast LGA is moderate at 4,023 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 56.7%, which reads as high yield. Property prices sit below the state median ($55K/$1.5M), which can point to relative value. The price-to-income ratio of 0.8x is considered affordable. House prices have moved +0.0% 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.