Nulkaba is a small community in New South Wales within the Cessnock local government area (postcode 2325). With a population of 715, the suburb has an established demographic with a median age of 42. Households earn a median income of $115K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Nulkaba is $1.6 million, having surged 84.3% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,975.
Nulkaba is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Nulkaba offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 14.0x is considered stretched. House prices have moved +84.3% year-on-year.
Nulkaba is a small community in New South Wales within the Cessnock local government area (postcode 2325). With a population of 715, the suburb has an established demographic with a median age of 42. Households earn a median income of $115K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Nulkaba is $1.6 million, having surged 84.3% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,975.
Nulkaba is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Nulkaba offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 14.0x is considered stretched. House prices have moved +84.3% year-on-year.