Butterwick is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2321). With a population of 190, the suburb has an established demographic with a median age of 42. Households earn a median income of $139K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Butterwick is $2.4 million, having surged 118.7% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,275.
Public transport access includes 5 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Butterwick offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.3x is considered stretched. House prices have moved +118.7% year-on-year.
Butterwick is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2321). With a population of 190, the suburb has an established demographic with a median age of 42. Households earn a median income of $139K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Butterwick is $2.4 million, having surged 118.7% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,275.
Public transport access includes 5 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Butterwick offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.3x is considered stretched. House prices have moved +118.7% year-on-year.