Edgeworth is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2285). With a population of 6,401, the suburb has an established demographic with a median age of 39. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Edgeworth is $900,000, having surged 32.4% over the past year. Units have a median price of $590,000 (+8.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,733.
Edgeworth is served by 3 schools, including 3 primary. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 61 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, Edgeworth offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.1x is considered stretched. House prices have moved +32.4% year-on-year.
Edgeworth is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2285). With a population of 6,401, the suburb has an established demographic with a median age of 39. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Edgeworth is $900,000, having surged 32.4% over the past year. Units have a median price of $590,000 (+8.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,733.
Edgeworth is served by 3 schools, including 3 primary. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 61 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, Edgeworth offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.1x is considered stretched. House prices have moved +32.4% year-on-year.