Located in New South Wales within the Kempsey local government area, Aldavilla is a small locality (postcode 2440). With a population of 1,443, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $64K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Aldavilla stand at $680,000, having risen solidly by 8.7% over the last twelve months. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,483.
Public transport access includes 1 ferry wharf, 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,255 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.5% (moderate yield). Property prices sit below the state median ($680K/$1.5M), which can point to relative value. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +8.7% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.