Sawyers Gully is a small community in New South Wales within the Cessnock local government area (postcode 2326). With a population of 542, the suburb has an established demographic with a median age of 42. Households earn a median income of $96K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Sawyers Gully is $1.4 million, having declined 3.3% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 8 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Sawyers Gully offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 15.1x is considered stretched. House prices have moved -3.3% year-on-year.
Sawyers Gully is a small community in New South Wales within the Cessnock local government area (postcode 2326). With a population of 542, the suburb has an established demographic with a median age of 42. Households earn a median income of $96K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Sawyers Gully is $1.4 million, having declined 3.3% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 8 bus stops. The crime rate in the Cessnock LGA is moderate at 4,766 incidents per 100,000 population.
From an investment perspective, Sawyers Gully offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 15.1x is considered stretched. House prices have moved -3.3% year-on-year.