Heddon Greta is a smaller suburb in New South Wales within the Cessnock local government area (postcode 2321). With a population of 2,838, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $111K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Heddon Greta is $975,000, having surged 20.4% over the past year. Units have a median price of $673,000 (+10.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,950.
Public transport access includes 18 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Heddon Greta offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +20.4% year-on-year.
Heddon Greta is a smaller suburb in New South Wales within the Cessnock local government area (postcode 2321). With a population of 2,838, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $111K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Heddon Greta is $975,000, having surged 20.4% over the past year. Units have a median price of $673,000 (+10.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,950.
Public transport access includes 18 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Heddon Greta offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +20.4% year-on-year.