Located in New South Wales within the Cessnock local government area, Keinbah is a sparsely populated locality (postcode 2320). It is home to about 109 residents, with an established family demographic and a median age of 44. Households earn a median income of $106K per year, with an average household size of 2.8 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, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Scottish.
Keinbah has a median house price of $1.0 million, which has grown strongly by 10% year-on-year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.1%, which reads as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +10.0% 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.