Rothbury is a quiet locality in New South Wales within the Cessnock local government area (postcode 2320). With a population of 55, the suburb has an older demographic with a median age of 55. Households earn a median income of $117K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Scottish, Australian.
The median house price in Rothbury is $1.2 million, having dropped significantly 8% over the past year. Units have a median price of $1.3 million (+8.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,584.
The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Rothbury offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 9.9x is considered moderate. House prices have moved -8.0% year-on-year.
Rothbury is a quiet locality in New South Wales within the Cessnock local government area (postcode 2320). With a population of 55, the suburb has an older demographic with a median age of 55. Households earn a median income of $117K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Scottish, Australian.
The median house price in Rothbury is $1.2 million, having dropped significantly 8% over the past year. Units have a median price of $1.3 million (+8.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,584.
The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Rothbury offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 9.9x is considered moderate. House prices have moved -8.0% year-on-year.