Stockton is a smaller suburb in New South Wales within the Newcastle local government area (postcode 2295). With a population of 4,046, the suburb has a mature demographic with a median age of 47. Households earn a median income of $80K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Stockton is $1.2 million, having dropped significantly 8.6% over the past year. Units have a median price of $581,000 (-27% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.3%. 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 6,194 incidents per 100,000 population.
From an investment perspective, Stockton offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 14.7x is considered stretched. House prices have moved -8.6% year-on-year.
Stockton is a smaller suburb in New South Wales within the Newcastle local government area (postcode 2295). With a population of 4,046, the suburb has a mature demographic with a median age of 47. Households earn a median income of $80K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Stockton is $1.2 million, having dropped significantly 8.6% over the past year. Units have a median price of $581,000 (-27% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.3%. 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 6,194 incidents per 100,000 population.
From an investment perspective, Stockton offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 14.7x is considered stretched. House prices have moved -8.6% year-on-year.