Maryville (postcode 2293) is a small locality in New South Wales within the Newcastle local government area. With a population of 1,671, the suburb has an established family demographic with a median age of 39. Households earn a median income of $107K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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 professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Maryville stand at $1.2 million, having eased back by 1.2% over the last twelve months. Units have a median price of $1.3 million (-1% YoY). The current median weekly rent is $775. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 5 bus stops. The crime rate in the Newcastle LGA is moderate at 6,285 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.4%, which reads as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.2x is considered stretched. House prices have moved -1.2% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.