Located in New South Wales within the Port Stephens local government area, Butterwick is a quiet locality (postcode 2321). The area has roughly 190 residents and a settled mid-life population, with a median age of 42. Households earn a median income of $139K per year, with an average household size of 3.1 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 managers, professionals, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Scottish.
Butterwick has a median house price of $700,000, which has fallen sharply by 29.6% year-on-year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.8%. 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 3,152 incidents per 100,000 population.
Looking at the investment signals, Butterwick shows a gross rental yield of approximately 4.8%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 5.0x is considered affordable. House prices have moved -29.6% 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.