Bellbird Heights is a close-knit residential community in New South Wales within the Cessnock local government area (postcode 2325). It is home to about 805 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $77K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.9% 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 technicians & trades, machinery operators & drivers, community & personal service. Employment in the area leans toward mining and healthcare. The top ancestries reported are Australian, English, Scottish.
The median house price in Bellbird Heights is $790,000, having surged by 33.9% over the past year. Units have a median price of $520,000 (+8.3% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.8%. 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 4,890 incidents per 100,000 population.
On the investment side, Bellbird Heights shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), which can point to relative value. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +33.9% year-on-year. Population growth of +2.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.