Catherine Hill Bay is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 943, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $137K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Catherine Hill Bay is $1.8 million, having surged 36.9% over the past year. The current median weekly rent is $675. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,741.
Public transport access includes 1 rail station, 14 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, Catherine Hill Bay offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 13.0x is considered stretched. House prices have moved +36.9% year-on-year.
Catherine Hill Bay is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 943, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $137K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Catherine Hill Bay is $1.8 million, having surged 36.9% over the past year. The current median weekly rent is $675. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,741.
Public transport access includes 1 rail station, 14 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, Catherine Hill Bay offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 13.0x is considered stretched. House prices have moved +36.9% year-on-year.