Aberdare is a smaller suburb in New South Wales within the Cessnock local government area (postcode 2325). With a population of 2,542, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $65K per year, with an average household size of 2.5 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Aberdare is $720,000, having grown strongly 7.1% over the past year. Units have a median price of $510,000 (+13.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,421.
Public transport access includes 30 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Aberdare offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($720K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +7.1% year-on-year.
Aberdare is a smaller suburb in New South Wales within the Cessnock local government area (postcode 2325). With a population of 2,542, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $65K per year, with an average household size of 2.5 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Aberdare is $720,000, having grown strongly 7.1% over the past year. Units have a median price of $510,000 (+13.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,421.
Public transport access includes 30 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Aberdare offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($720K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +7.1% year-on-year.