Freemans Waterhole is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2323). 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. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Freemans Waterhole is $435,000, having dropped significantly 93% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 7.1%. 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 3,396 incidents per 100,000 population.
From an investment perspective, Freemans Waterhole offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved -93.0% year-on-year.
Freemans Waterhole is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2323). 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. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Freemans Waterhole is $435,000, having dropped significantly 93% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 7.1%. 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 3,396 incidents per 100,000 population.
From an investment perspective, Freemans Waterhole offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved -93.0% year-on-year.