Stewarts River is a small, quiet locality in New South Wales within the Mid-Coast local government area (postcode 2443). With a population of 126, the suburb has an older-leaning population with a median age of 49. Households earn a median income of $73K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 managers, professionals, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Scottish.
Stewarts River has a median house price of $1.1 million, which has jumped by 18.4% year-on-year. The current median weekly rent is $470. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,777.
Public transport access includes 3 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Stewarts River shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved +18.4% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.