Brandy Hill is a small locality in New South Wales within the Port Stephens local government area (postcode 2324). The area has roughly 713 residents and an older-leaning population, with a median age of 48. Households earn a median income of $124K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Scottish.
The median house price in Brandy Hill is $1.4 million, having risen solidly by 7.8% over the past year. The current median weekly rent is $598. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 bus stops. The crime rate in the Port Stephens LGA is below average at 3,152 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.2% (low yield). Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +7.8% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.