Located in New South Wales within the Port Stephens local government area, Ferodale is a sparsely populated locality (postcode 2318). With a population of 98, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.8 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, technicians & trades, clerical & administrative. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Ferodale is $1.2 million, broadly unchanged over the past year. The current median weekly rent is $672. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,175.
Public transport access includes 8 bus stops. The crime rate in the Port Stephens LGA is below average at 3,152 incidents per 100,000 population.
On the investment side, Ferodale shows a gross rental yield of approximately 2.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 14.8x is considered stretched. House prices have moved +0.0% 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.