Bolton Point is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 2,124, the suburb has an established demographic with a median age of 43. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bolton Point is $820,000, having surged 25.2% over the past year. Units have a median price of $550,000 (-8.3% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,517.
Public transport access includes 18 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, Bolton Point offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +25.2% year-on-year.
Bolton Point is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 2,124, the suburb has an established demographic with a median age of 43. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bolton Point is $820,000, having surged 25.2% over the past year. Units have a median price of $550,000 (-8.3% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,517.
Public transport access includes 18 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, Bolton Point offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +25.2% year-on-year.