Located in New South Wales within the Cessnock local government area, Brunkerville is a quiet locality (postcode 2323). It is home to about 216 residents, with a settled, mature resident base and a median age of 48. Households earn a median income of $117K per year, with an average household size of 3 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 professionals, technicians & trades, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Brunkerville stand at $1.6 million, having risen steeply by 12% over the last twelve months. The current median weekly rent is $635. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,000.
Public transport access includes 3 bus stops. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.1% (low yield). Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +12.0% 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.