Dora Creek is a small community in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 1,739, the suburb has a mature demographic with a median age of 51. Households earn a median income of $73K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Dora Creek is $736,000, having surged 31.3% over the past year. Units have a median price of $890,000 (+42.4% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,744.
Dora Creek is served by 1 school, including 1 primary. The average ICSEA score is 939, which is below the national average of 1,000. Public transport access includes 1 rail station, 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, Dora Creek offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($736K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +31.3% year-on-year.
Dora Creek is a small community in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 1,739, the suburb has a mature demographic with a median age of 51. Households earn a median income of $73K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Dora Creek is $736,000, having surged 31.3% over the past year. Units have a median price of $890,000 (+42.4% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,744.
Dora Creek is served by 1 school, including 1 primary. The average ICSEA score is 939, which is below the national average of 1,000. Public transport access includes 1 rail station, 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, Dora Creek offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($736K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +31.3% year-on-year.