Kurri Kurri is a mid-sized suburb in New South Wales within the Cessnock local government area (postcode 2327). With a population of 6,174, the suburb has an established demographic with a median age of 38. Households earn a median income of $65K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Kurri Kurri is $700,000, having grown strongly 7.7% over the past year. Units have a median price of $476,000 (+7% YoY). The current median weekly rent is $498. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,417.
Kurri Kurri is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 926, which is below the national average of 1,000. Public transport access includes 1 rail station, 38 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Kurri Kurri offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +7.7% year-on-year.
Kurri Kurri is a mid-sized suburb in New South Wales within the Cessnock local government area (postcode 2327). With a population of 6,174, the suburb has an established demographic with a median age of 38. Households earn a median income of $65K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Kurri Kurri is $700,000, having grown strongly 7.7% over the past year. Units have a median price of $476,000 (+7% YoY). The current median weekly rent is $498. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,417.
Kurri Kurri is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 926, which is below the national average of 1,000. Public transport access includes 1 rail station, 38 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Kurri Kurri offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +7.7% year-on-year.