Stuarts Point (postcode 2441) is a small community in New South Wales within the Kempsey local government area. It is home to about 766 residents, with an older demographic and a median age of 55. Households earn a median income of $40K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% 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 labourers, community & personal service, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Stuarts Point stand at $596,000, having moved lower by 5.4% over the last twelve months. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,083.
Stuarts Point is served by 1 school, including 1 primary. The average ICSEA score is 848, which is well below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Kempsey LGA is moderate at 7,255 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.9%, which reads as moderate yield. Property prices sit below the state median ($596K/$1.5M), which can point to relative value. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -5.4% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.