Sawyers Gully is a close-knit residential community in New South Wales within the Cessnock local government area (postcode 2326). The area has roughly 542 residents and 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. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.9% 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 technicians & trades, machinery operators & drivers, clerical & administrative. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Sawyers Gully stand at $1.1 million, having fallen sharply by 26.3% over the last twelve months. The current median weekly rent is $565. This gives a gross rental yield of approximately 2.7%. 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 4,890 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved -26.3% year-on-year. Population growth of +2.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.