Scone is a mid-sized suburb in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 5,824, the suburb has an established demographic with a median age of 39. Households earn a median income of $78K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Scone is $465,000, having dropped significantly 22.5% over the past year. Units have a median price of $368,000 (+14.8% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,603.
Scone is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 966, which is around the national average of 1,000. Public transport access includes 118 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Scone offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($465K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved -22.5% year-on-year.
Scone is a mid-sized suburb in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 5,824, the suburb has an established demographic with a median age of 39. Households earn a median income of $78K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Scone is $465,000, having dropped significantly 22.5% over the past year. Units have a median price of $368,000 (+14.8% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,603.
Scone is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 966, which is around the national average of 1,000. Public transport access includes 118 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Scone offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($465K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved -22.5% year-on-year.