Stanford Merthyr (postcode 2327) is a small community in New South Wales within the Cessnock local government area. It is home to about 575 residents, with an established family demographic and a median age of 41. Households earn a median income of $70K per year, with an average household size of 2.5 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, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Stanford Merthyr has a median house price of $710,000, which has risen by 3.2% year-on-year. The current median weekly rent is $490. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,539.
Stanford Merthyr is served by 1 school, including 1 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.6% (moderate yield). Property prices sit below the state median ($710K/$1.5M), which can point to relative value. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +3.2% 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.