Cliftleigh (postcode 2321) is a smaller suburb in New South Wales within the Cessnock local government area. It is home to about 2,309 residents, with a younger, working-age population and a median age of 27. Households earn a median income of $105K per year, with an average household size of 2.9 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 technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Cliftleigh is $781,000, having posted strong gains by 7% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,950.
Public transport access includes 13 bus stops. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
From an investment perspective, Cliftleigh shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices sit below the state median ($781K/$1.5M), which can point to relative value. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +7.0% 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.