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Suburb Insights · NSW 2430

Old Bar, NSW 2430 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Old Bar is a coastal suburb in New South Wales, Australia, with a population of approximately 5,126, making it a smaller community. Located approximately 247 km from the Sydney CBD, Old Bar is a coastal area in New South Wales. The median household income is $60,840 per year.

Investment Score

44 / 100 Moderate

Old Bar's income profile suggests a value-oriented market with competitive purchase prices. The coastal setting provides a lifestyle factor that underpins property values.

Location

Sydney
Old Bar
New South Wales · 2430
247 km from Sydney CBD
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Key Indicators

Postcode
2430

Official Australia Post postcode for Old Bar. A postcode may cover multiple suburbs.

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Population
5,126

Usual resident population at the most recent census.

Median weekly rent
$358/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$60,840/yr

Annual median household income (before tax) across all households.

Distance to CBD
247 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,690/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
75% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Old Bar

Who Old Bar Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the New South Wales median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Mortgage costs are lower than the New South Wales median, improving cash-flow margins.
  • Solid transport links into employment hubs.
  • Coastal lifestyle attracts renters and owner-occupiers alike.

Cons

  • Long distance to the CBD (247 km) — plan for commute time or local employment.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

5,126 residents places Old Bar squarely in the middle of the New South Wales suburb size distribution (state median 5,325), with market depth comparable to most NSW localities. Old Bar's median household income of $60,840/year is 38% below the New South Wales suburb median ($97,552) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $358 equates to $1,551/month — about 92% of the median mortgage repayment of $1,690/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Old Bar is 247 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

Coastal markets benefit from lifestyle appeal but require a buffer for higher insurance and occasional weather-driven vacancies. Local rents consume roughly 31% of household income — a useful sanity check on tenant affordability.

Old Bar vs New South Wales Median

How Old Bar stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Old Bar sits above the state median; negative means below.

MetricOld BarNSW medianΔ vs state
Population5,1265,325-4%
Median household income$60,840/yr$97,552/yr-38%
Median rent (weekly)$358$430-17%
Median mortgage (monthly)$1,690$2,167-22%
Distance to CBD247 km45 km+449%
Separate houses75%76%-1pp

Investor Checklist

Pre-inspection briefing for Old Bar — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: household incomes 38% below the NSW median ($60,840 vs $97,552) means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.

Rental Yield

Strong rental coverage: $358/week (~$1,551/month) covers 92% of the $1,690/month median mortgage repayment, so the shortfall sits at just $139/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 75% houses in a 5,126-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Old Bar property

Full Property Analysis

30-year projections for Old Bar

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital-growth expectations for Old Bar are modest for 2026 — incomes 38% below the NSW median of $97,552 suggest gains will lag headline metro markets. Rental coverage runs at ~92% of the typical mortgage ($1,551/month rent vs $1,690/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 44/100 places Old Bar in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Old Bar a good suburb for investment?

Old Bar scores 44/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 5,126, median household income of $60,840/year and median weekly rent of $358. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Old Bar?

The main demand drivers in Old Bar are a median household income of $60,840/year, a dwelling mix that is 75% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Old Bar?

Old Bar has a usual resident population of approximately 5,126, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Old Bar from the Sydney CBD?

Old Bar sits 247 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Old Bar?

The most recent census recorded a median weekly rent of $358 in Old Bar, equating to approximately $18,616/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Old Bar?

The median monthly mortgage repayment in Old Bar is $1,690, or approximately $20,280/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Old Bar cash-flow positive for investors?

A median weekly rent of $358 works out to $1,551/month, covering 92% of the median mortgage repayment of $1,690/month. That leaves a $139/month shortfall (around $1,668/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Old Bar?

The main risks are interest-rate sensitivity on the $1,690 median mortgage, below-median household incomes ($60,840 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Old Bar profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources