Red Head is a small community in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 798, the suburb has a more retirement-aged population with a median age of 58. Households earn a median income of $64K 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 professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Red Head is $940,000, having risen solidly by 9.9% over the past year. Units have a median price of $720,000 (+13.4% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,863.
Public transport access includes 15 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 2.8%, which reads as low yield. Property prices sit below the state median ($940K/$1.5M), which can point to relative value. The price-to-income ratio of 14.7x is considered stretched. House prices have moved +9.9% 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.