Ellalong (postcode 2325) is a small locality in New South Wales within the Cessnock local government area. The area has roughly 1,351 residents and a blend of families and working-age professionals, with a median age of 35. Households earn a median income of $88K 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 technicians & trades, community & personal service, machinery operators & drivers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Scottish.
Ellalong has a median house price of $783,000, which has climbed sharply by 13.8% year-on-year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,798.
Ellalong is served by 1 school, including 1 primary. The average ICSEA score is 903, which is below the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.9% (moderate yield). Property prices sit below the state median ($783K/$1.5M), which can point to relative value. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +13.8% 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.