Hexham is a quiet locality in New South Wales within the Newcastle local government area (postcode 2322). With a population of 157, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are labourers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Hexham is $565,000, having dropped significantly 72.8% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Hexham offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($565K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.7x is considered stretched. House prices have moved -72.8% year-on-year.
Hexham is a quiet locality in New South Wales within the Newcastle local government area (postcode 2322). With a population of 157, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are labourers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Hexham is $565,000, having dropped significantly 72.8% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Hexham offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($565K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.7x is considered stretched. House prices have moved -72.8% year-on-year.