
East Maitland is a historic suburb located in the hunter Region. Known for its charming heritage architecture, the area features numerous well-preserved colonial buildings and churches. The suburb offers a blend of traditional and modern living, with a variety of schools, parks, and shopping facilities, including the popular Stockland Green Hills and new Maitland hospital. The suburbs rich history and community-focused atmosphere make it a desirable place to live.
Location and Accessibility: East Maitland is a historic suburb in the Hunter Region, approximately 166 km from Sydney. It has good transport links, including access to the New England Highway and East Maitland railway station, making it convenient for commuters.
Population and Housing:
Population: 11,860 residents.
Dwellings: 6,161 residential properties.
Average rent for houses is $560 per week, with a typical house price around $761,000, while units rent for about $412 weekly, with an average price of $506,000.
Gross yield is 3.83% for houses and 4.23% for units, indicating reasonable rental income potential relative to property prices.
Socio-Economic and Education Metrics:
The area has a varied socio-economic profile, with scores on education and occupation levels.
The Index of Relative Socio-economic Advantage and Disadvantage (IRSAD) scores are mixed, indicating some diversity in economic resources among residents.
Market Activity and Investment:
Market liquidity: The annual sales volume is consistent, with high data reliability.
Projected Annual ROI shows potential, with varying best- and worst-case scenarios based on local property demand and capital growth trends.
The median "Days on Market" for houses is around 43 days, and for units, it's 48 days, suggesting balanced demand.
Supply and Demand Indicators:
Vacancy rate: 1.16%, indicating moderate demand in the rental market.
Inventory levels and building approvals: Limited new building approvals and a low stock of market percentage indicate restricted supply, which could drive up property values if demand remains stable.
This snapshot highlights East Maitland’s balance of heritage appeal with modern amenities, making it a potentially attractive option for both residents and investors looking for moderate growth and stable rental income.
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