Question 1

Is Aberdare a nice place to live?

Accepted Answer

Aberdare sits on the edge of Cessnock in the Hunter Valley, shaped by its coal-mining past and bordered by vineyards and eucalypt bushland. Its streets feature a mix of weatherboard miners' cottages and brick family homes with established gardens, and the community includes long-term locals alongside people who work in regional services, viticulture and tourism.

Aberdare is a community of 2,542 people with a median age of 36. The typical household earns $1,251 a week, roughly $65,000 a year.

Families are prominent: couple families with children are the largest single group at 36.7%, and couple families without children account for 34.2%. Together, couples make up just over seven in ten families (70.9%). One-parent families comprise 27.5%, or just over one in four, while other families are 1.6%.

In Aberdare, owner-occupiers are the majority: 64.4% of homes are owned, with 30.2% owned outright and 34.2% owned with a mortgage, while 35.6% of dwellings are rented.

Question 2

Is it expensive to live in Aberdare?

Accepted Answer

On these figures, buying a house in Aberdare sits well above what a typical local household earned at the last Census: the median house price of $760,000 is about 11.7 times a typical local annual household income at the last Census (weekly household income $1,251, or $65,052 a year).

Renting a house looks strained as well. At about $558 a week, house rent would take roughly 44.6% of a typical local household's weekly income at the last Census, which is a large share of income. Which measure matters most depends on whether you plan to rent or buy.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Aberdare a good place to invest?

Accepted Answer

Aberdare’s house market moved notably over the past year. Median house values climbed 16.9%, a strong rise, while the rent a house earns increased 7.3%, a solid gain. Put simply, house prices grew faster than the rents they earn over the 12 months, so capital growth outpaced rental income on the house side this year. Which of those outcomes matters to you will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$760K	N/A
Change in value Past 12 months	16.9%	N/A
Sold Past 3 months	17	3
Median days on market Past 12 months	16	N/A
Average rent Past 12 months	$558	N/A
Change in rent Past 12 months	7.3%	N/A

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