Stockton is a compact suburb in New South Wales within the Newcastle local government area (postcode 2295). It is home to about 4,046 residents, with a mature demographic and a median age of 47. Households earn a median income of $80K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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 professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Stockton stand at $1.3 million, having grown strongly by 7.1% over the last twelve months. Units have a median price of $1.1 million (+25.8% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Stockton is served by 2 schools, including 2 primary. The average ICSEA score is 1026, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 30 bus stops. The crime rate in the Newcastle LGA is moderate at 6,285 incidents per 100,000 population.
Looking at the investment signals, Stockton shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +7.1% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.