Dudley is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2290). With a population of 2,505, the suburb has an established demographic with a median age of 39. Households earn a median income of $129K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Dudley is $1.8 million, having surged 34.5% over the past year. Units have a median price of $670,000 (-21.3% YoY). The current median weekly rent is $695. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,324.
Dudley is served by 1 school, including 1 primary. The average ICSEA score is 1095, which is above the national average of 1,000. Public transport access includes 2 rail stations, 22 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, Dudley offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +34.5% year-on-year.
Dudley is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2290). With a population of 2,505, the suburb has an established demographic with a median age of 39. Households earn a median income of $129K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Dudley is $1.8 million, having surged 34.5% over the past year. Units have a median price of $670,000 (-21.3% YoY). The current median weekly rent is $695. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,324.
Dudley is served by 1 school, including 1 primary. The average ICSEA score is 1095, which is above the national average of 1,000. Public transport access includes 2 rail stations, 22 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, Dudley offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +34.5% year-on-year.