Neath is a quiet locality in New South Wales within the Cessnock local government area (postcode 2326). With a population of 430, the suburb has an older demographic with a median age of 55. Households earn a median income of $41K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, technicians & trades, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Neath is $580,000, having declined 5.8% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,127.
Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Neath offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($580K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved -5.8% year-on-year.
Neath is a quiet locality in New South Wales within the Cessnock local government area (postcode 2326). With a population of 430, the suburb has an older demographic with a median age of 55. Households earn a median income of $41K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, technicians & trades, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Neath is $580,000, having declined 5.8% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,127.
Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Neath offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($580K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved -5.8% year-on-year.