Awaba is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 430, the suburb has an established demographic with a median age of 40. Households earn a median income of $90K per year, with an average household size of 2.8 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Awaba is $184,000, having dropped significantly 74.9% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 17.5%. The median monthly mortgage repayment is $1,755.
Awaba is served by 1 school, including 1 primary. The average ICSEA score is 940, which is below the national average of 1,000. Public transport access includes 2 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, Awaba offers a gross rental yield of 17.5%, rated as high yield. Property prices sit below the state median ($184K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.1x is considered affordable. House prices have moved -74.9% year-on-year.
Awaba is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 430, the suburb has an established demographic with a median age of 40. Households earn a median income of $90K per year, with an average household size of 2.8 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Awaba is $184,000, having dropped significantly 74.9% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 17.5%. The median monthly mortgage repayment is $1,755.
Awaba is served by 1 school, including 1 primary. The average ICSEA score is 940, which is below the national average of 1,000. Public transport access includes 2 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, Awaba offers a gross rental yield of 17.5%, rated as high yield. Property prices sit below the state median ($184K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.1x is considered affordable. House prices have moved -74.9% year-on-year.