Dudley (postcode 2290) is a smaller suburb in New South Wales within the Lake Macquarie local government area. With a population of 2,505, the suburb has an established family 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Australian, English, Scottish.
Median house prices in Dudley stand at $2.4 million, having risen steeply by 80.1% over the last twelve months. Units have a median price of $670,000 (-21.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 1.5%. 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 3,436 incidents per 100,000 population.
On the investment side, Dudley shows a gross rental yield of approximately 1.5%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.6x is considered stretched. House prices have moved +80.1% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.