Bucketty (postcode 2250) is a sparsely populated locality in New South Wales within the Cessnock local government area. It is home to about 165 residents, with an older-leaning population and a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.1 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, labourers. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Bucketty stand at $1.1 million, having risen steeply by 11.3% over the last twelve months. The current median weekly rent is $650. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,690.
The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.0% (moderate yield). Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +11.3% 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.