Loxford is a quiet locality in New South Wales within the Cessnock local government area (postcode 2326). With a population of 42, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $72K per year, with an average household size of 2.7 people. The most common occupations are professionals, labourers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Loxford is $7.2 million, having dropped significantly 34.5% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,083.
Public transport access includes 2 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Loxford offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($7.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 100.7x is considered stretched. House prices have moved -34.5% year-on-year.
Loxford is a quiet locality in New South Wales within the Cessnock local government area (postcode 2326). With a population of 42, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $72K per year, with an average household size of 2.7 people. The most common occupations are professionals, labourers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Loxford is $7.2 million, having dropped significantly 34.5% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,083.
Public transport access includes 2 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Loxford offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($7.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 100.7x is considered stretched. House prices have moved -34.5% year-on-year.