Bellbird Heights is a small community in New South Wales within the Cessnock local government area (postcode 2325). With a population of 805, the suburb has an established demographic with a median age of 40. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Bellbird Heights is $719,000, having surged 21.8% over the past year. Units have a median price of $520,000 (+8.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,580.
Public transport access includes 7 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Bellbird Heights offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($719K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +21.8% year-on-year.
Bellbird Heights is a small community in New South Wales within the Cessnock local government area (postcode 2325). With a population of 805, the suburb has an established demographic with a median age of 40. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Bellbird Heights is $719,000, having surged 21.8% over the past year. Units have a median price of $520,000 (+8.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,580.
Public transport access includes 7 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Bellbird Heights offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($719K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +21.8% year-on-year.