Heatherbrae is a small community in New South Wales within the Port Stephens local government area (postcode 2324). With a population of 654, the suburb has a mature demographic with a median age of 47. Households earn a median income of $55K per year, with an average household size of 2 people. The most common occupations are labourers, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Heatherbrae is $554,000, having dropped significantly 68.3% over the past year. Units have a median price of $430,000 (-29.2% YoY). The current median weekly rent is $578. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $2,000.
Heatherbrae is served by 1 school, including 1 secondary. The average ICSEA score is 899, which is well below the national average of 1,000. Public transport access includes 13 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, Heatherbrae offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($554K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered moderate. House prices have moved -68.3% year-on-year.
Heatherbrae is a small community in New South Wales within the Port Stephens local government area (postcode 2324). With a population of 654, the suburb has a mature demographic with a median age of 47. Households earn a median income of $55K per year, with an average household size of 2 people. The most common occupations are labourers, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Heatherbrae is $554,000, having dropped significantly 68.3% over the past year. Units have a median price of $430,000 (-29.2% YoY). The current median weekly rent is $578. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $2,000.
Heatherbrae is served by 1 school, including 1 secondary. The average ICSEA score is 899, which is well below the national average of 1,000. Public transport access includes 13 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, Heatherbrae offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($554K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered moderate. House prices have moved -68.3% year-on-year.