Abernethy is a quiet locality in New South Wales within the Cessnock local government area (postcode 2325). With a population of 317, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $108K per year, with an average household size of 3 people. The most common occupations are machinery operators & drivers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Abernethy is $715,000, having increased 4.4% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,560.
Public transport access includes 9 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Abernethy offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($715K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.6x is considered moderate. House prices have moved +4.4% year-on-year.
Abernethy is a quiet locality in New South Wales within the Cessnock local government area (postcode 2325). With a population of 317, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $108K per year, with an average household size of 3 people. The most common occupations are machinery operators & drivers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Abernethy is $715,000, having increased 4.4% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,560.
Public transport access includes 9 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Abernethy offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($715K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.6x is considered moderate. House prices have moved +4.4% year-on-year.