Lochinvar (postcode 2321) is a close-knit residential community in New South Wales within the Maitland local government area. It is home to about 1,095 residents, with an established demographic and a median age of 40. Households earn a median income of $119K 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 +2.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, machinery operators & drivers. Employment in the area leans toward healthcare and mining. The top ancestries reported are Australian, English, Scottish.
The median house price in Lochinvar is $948,000, having grown strongly by 8.9% over the past year. Units have a median price of $635,000 (+4.1% YoY). The current median weekly rent is $635. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,167.
Lochinvar is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 rail station, 23 bus stops. The crime rate in the Maitland LGA is moderate at 4,266 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.5% (moderate yield). Property prices sit below the state median ($948K/$1.5M), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +8.9% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.