Argenton is a small community in New South Wales within the Lake Macquarie local government area (postcode 2284). With a population of 1,352, the suburb has an established demographic with a median age of 40. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Argenton is $590,000, having dropped significantly 28.2% over the past year. Units have a median price of $713,000 (+5.6% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,517.
Argenton is served by 1 school, including 1 primary. The average ICSEA score is 934, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Argenton offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved -28.2% year-on-year.
Argenton is a small community in New South Wales within the Lake Macquarie local government area (postcode 2284). With a population of 1,352, the suburb has an established demographic with a median age of 40. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Argenton is $590,000, having dropped significantly 28.2% over the past year. Units have a median price of $713,000 (+5.6% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,517.
Argenton is served by 1 school, including 1 primary. The average ICSEA score is 934, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Argenton offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved -28.2% year-on-year.