Located in New South Wales within the Cessnock local government area, Stockrington is a sparsely populated locality (postcode 2322). It is home to about 92 residents, with a blend of families and working-age professionals and a median age of 37. Households earn a median income of $102K 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, managers, professionals. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Stockrington sit at $310,000, little changed on a year ago. The current median weekly rent is $680. This gives a gross rental yield of approximately 11.4%. The median monthly mortgage repayment is $2,817.
The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
From an investment perspective, Stockrington shows a gross rental yield of approximately 11.4%, rated as high yield. Property prices sit below the state median ($310K/$1.5M), which can point to relative value. The price-to-income ratio of 3.0x is considered affordable. House prices have moved +0.0% 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.