Fishing Point is a small community in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 1,105, the suburb has a mature demographic with a median age of 51. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Fishing Point is $1.1 million, having grown strongly 9.4% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 11 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, Fishing Point offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +9.4% year-on-year.
Fishing Point is a small community in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 1,105, the suburb has a mature demographic with a median age of 51. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Fishing Point is $1.1 million, having grown strongly 9.4% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 11 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, Fishing Point offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +9.4% year-on-year.