Osterley is a sparsely populated locality in New South Wales within the Port Stephens local government area (postcode 2324). It is home to about 132 residents, with an older-leaning population and a median age of 47. Households earn a median income of $133K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% 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 clerical & administrative, sales, community & personal service. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Osterley has a median house price of $165,000, holding roughly steady year-on-year. The current median weekly rent is $598. This gives a gross rental yield of approximately 18.8%. The median monthly mortgage repayment is $2,015.
Osterley is served by 1 school, including 1 primary. The average ICSEA score is 888, which is well below the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Port Stephens LGA is below average at 3,152 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 18.8% (high yield). Property prices sit below the state median ($165K/$1.5M), which can point to relative value. The price-to-income ratio of 1.2x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.