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Suburb profile ·Lake Macquarie LGA · NSW ·2323

Freemans Waterhole NSW 2323

Freemans Waterhole is in Lake Macquarie LGA, NSW, postcode 2323, with population 120.

Limited data

Thin-context

The page is still useful for local context, but the evidence stack is too thin for a clean one-page call. Use nearby stronger suburbs or compare mode before treating it as a serious shortlist decision.

$635/wk
+11.0% YoY
Mar 2025 → Apr 2026 · 14 periods
NSW Fair Trading · postcode 2323 · Apr 2026
$635
$565
Mar 2025Apr 2026
What to check

The page is thin enough that nearby alternatives should be checked before shortlisting. Small local population makes the signal set more fragile.

Median house
No local house series
Median rent
$635/wk
Rent context available
11.0%YoY D10 vs AU
Gross yield
Need rent + price
Population
224,540
225K via Lake Macquarie LGA · SAL undercount
Schools
No matched school data
Solar
4,502
259 added 12mo · 29MW

Price history

No price history available

Price series isn't recorded for this suburb. Census housing data is shown instead.

Median mortgage · mth$2,709
Median rent · wk$220

Affordability

103%
median weekly rent as a share of gross household income (the 30% rule)
High stress

Owners with a mortgage repay a median of $2,709/mo, while renters pay about $2,752/mo — renting runs $43/mo higher on these medians.

Household income · yr
$32K
Median rent · wk
$635
Owner mortgage · mo
$2,709

Household income

$32K household · yr-60.9% vs NSW suburb median
Personal
$23K
Family
$85K
Household
$32K
Crime January 2025 - December 2025
7,534
3,436 per 100k
D5 vs AU

Crime

Rate · per 100k3,436
Total incidents7,534· January 2025 - December 2025
  • Assault1,88958%
  • Sexual Offences63720%
  • Robbery201%
  • Break And Enter71522%

Full data detail

Freemans Waterhole NSW — Property Data and Demographics

Freemans Waterhole (postcode 2323) is a sparsely populated locality in New South Wales within the Lake Macquarie local government area. With a population of 120, the suburb has an established demographic with a median age of 39. Households earn a median income of $32K per year, with an average household size of 2.2 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, technicians & trades, managers. Employment in the area leans toward construction and public admin & safety. The top ancestries reported are English, Australian, Scottish.

The current median weekly rent is $635. The median monthly mortgage repayment is $2,709.

Public transport access includes 3 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,436 incidents per 100,000 population.

Looking at the investment signals, 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.

Market & money
Investment signalsHeuristics
Pop. Growth+1.1%· Stable
Development+0%· Steady
InvestmentNSW
Mortgage · mth$2,709
Rent · wk(Census)$220
Market rent · wk(2026-04)$635
Population growth · Lake Macquarie LGAABS ERP
Population (2025)224,540
5-year growth+1.2% CAGR
YoY change+1.1%
20012025
Development · Lake Macquarie LGAABS Approvals
Approvals (2026)896
Houses577
Units319
YoY change+0%
Employment · Lake Macquarie LGASALM
Unemployment (Dec-25)4.1%
YoY change+1.4pp
Dec-10Dec-25
Property investors · Postcode 2323ATO
Negatively geared806 (5.3% of filers)
Avg rental loss$7,209/yr
Landlords (rental income)1,644
Reported capital gains1,044
People & prosperity
DemographicsCensus 21
Population120
Median age39
Household size2.2
HH income · wk$619
Personal income · wk$450
Persons / bedroom1.2
SEIFA indexABS
Advantage (IRSAD)2/10
Education (IEO)4/10
Economic (IER)2/10
Disadvantage (IRSD)3/10
Area & amenity
Local amenitiesOSM
Supermarkets0
Pharmacies0
GP / clinics0
Fuel stations2
Cafes & dining2
TransportGTFS
Bus stops3
Shortlist workspace

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Current status
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EMPTY SET

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Sources & freshness
Strong evidence

Freemans Waterhole carries enough direct local evidence for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
NSW price medians are parser-guarded official records.

Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
NSW Valuer General · Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records
medium stability · automated · every update · weekly
Missing
Market rent
NSW Fair Trading · 2026-04 · State market dataset
stable source · automated · every update · monthly
Available
Crime
BOCSAR · January 2025 - December 2025 · Area-level release dataset
medium stability · automated · every update · release-based
Available
Schools
ACARA 2025 · No local school matches exposed
stable source · automated · every update · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 3 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.
Sparse locality note

This page stays indexable because Freemans Waterhole is a real locality with enough context to be directionally useful. The tradeoff is that coverage is lighter than a stronger suburb profile, so the read should stay cautious.

WHY IT LOOKS LIGHTER
This is a real locality, but it has a very small Census footprint.

Small-population localities can still be worth checking, but rankings, comparisons, and broad suburb assumptions become noisier faster.

WHAT IS MISSING
Coverage is lighter across school matches and hospital coverage.

The main gaps on this page are school matches and hospital coverage. That narrows how much confidence you should place on a single-page read.

BEST NEXT STEP
Use this page to understand the locality shape, then compare outward.

Start here for context, then open compare, the state hub, or larger nearby suburbs before treating this as a complete market decision.

Page status
INDEXED WITH LIGHTER COVERAGE

This page remains visible, but it should be read as a locality brief rather than a full-confidence suburb profile.

HOW TO READ THIS PAGE

Read it as a direction-setter rather than a final answer: frame the locality, then verify with compare, stronger nearby suburbs, and the state hub.

Stronger nearby reads

If Freemans Waterhole feels too thin on its own, use these nearby suburbs as stronger local reads before making a shortlist decision.

Wakefield better covered
similar rent profile similar suburb scale better market coverage

pop same · adds house price coverage · rent -$282/wk

Better covered alternative: use this as the stronger reference point before judging the thin page.

Cams Wharf better covered
similar suburb scale better market coverage

pop +100 · adds house price coverage · rent -$205/wk

Better covered alternative: use this as the stronger reference point before judging the thin page.

Eraring better covered
similar rent profile better market coverage

pop +100 · adds house price coverage · rent -$495/wk

Better covered alternative: use this as the stronger reference point before judging the thin page.

Freemans Waterhole FAQ

Common questions
  1. What LGA is Freemans Waterhole in?

    Freemans Waterhole is in the Lake Macquarie Local Government Area, NSW, postcode 2323. Council-level context for Lake Macquarie LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the typical weekly rent in Freemans Waterhole?

    The median weekly rent in Freemans Waterhole is $635/wk, based on the current market rent dataset. The current rent signal is rent context available.

  3. What does the rent signal say about Freemans Waterhole?

    Rent context available: Freemans Waterhole has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  4. Is Freemans Waterhole a good investment?

    QuickProperty's investment signals for Freemans Waterhole show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for Freemans Waterhole?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the Freemans Waterhole data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.