Located in New South Wales within the Port Stephens local government area, Heatherbrae is a close-knit residential community (postcode 2324). With a population of 654, the suburb has a settled, mature resident base with a median age of 47. Households earn a median income of $55K 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 +1.3% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, clerical & administrative, machinery operators & drivers. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Scottish.
Heatherbrae has a median house price of $549,000, holding roughly steady year-on-year. Units have a median price of $540,000 (-7.4% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $2,000.
Heatherbrae is served by 1 school, including 1 secondary. The average ICSEA score is 899, which is well below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Port Stephens LGA is below average at 3,252 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.7% (high yield). Property prices sit below the state median ($549K/$1.5M), which can point to relative value. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.