Cardiff South is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2285). With a population of 2,931, the suburb has an established demographic with a median age of 38. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Cardiff South is $1.0 million, having grown strongly 8.7% over the past year. Units have a median price of $690,000 (+18.5% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,777.
Cardiff South is served by 1 school, including 1 primary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 24 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, Cardiff South offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.6x is considered stretched. House prices have moved +8.7% year-on-year.
Cardiff South is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2285). With a population of 2,931, the suburb has an established demographic with a median age of 38. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Cardiff South is $1.0 million, having grown strongly 8.7% over the past year. Units have a median price of $690,000 (+18.5% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,777.
Cardiff South is served by 1 school, including 1 primary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 24 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, Cardiff South offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.6x is considered stretched. House prices have moved +8.7% year-on-year.