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Skennars Head, NSW 2478
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,790,000
market range $1.6M-$1.9M
Median Unit
$825,000
list-price estimate
Gross Yield (houses)
3.5%
1yr Growth (houses)
+6.7%
market range +2.5% to +10.0%
Investment snapshot for Skennars Head
Skennars Head has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Skennars Head market and investor summary
Skennars Head (NSW 2478) runs a median house price of $1.8M, with houses yielding a gross 3.5%. House prices have moved +6.7% over the past year and +16.1% over three years. At 1.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 67 days on market, so plan for a slower exit if you ever need one.
Living in Skennars Head: people, income and schools
Skennars Head has a resident population of roughly 1,303, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $87,000 a year, or roughly $1,670 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 20.6 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 5 schools within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 12 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,303
- +5% over 5yr
- Median age
- 47 years
- Median household income
- $87,000/yr
- Households renting
- 16%
- Family households
- 73%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 5
- avg ICSEA 1080
- Unemployment
- 3.5%
- Walk score
- 12/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Skennars Head
View all →Frequently asked questions about Skennars Head
What should I check before investing in Skennars Head?
Skennars Head has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.7% in the past year shows positive recent price momentum. Tight rental market (1.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Skennars Head?
The median property price in Skennars Head, NSW 2478 is $1.8M for houses.
What rental yield does Skennars Head show?
The gross rental yield in Skennars Head is 3.5% for houses and 3.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Skennars Head?
House prices in Skennars Head are up 6.7% over the past year and up 16.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Skennars Head?
The current vacancy rate in Skennars Head is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Skennars Head?
Skennars Head has a population of approximately 1,303 residents, with a median age of 47.
What schools are near Skennars Head?
There are 5 schools within roughly 5km of Skennars Head. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Skennars Head affordable to buy in?
A median house in Skennars Head costs about 20.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Skennars Head's population growing?
The population of Skennars Head has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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