Located in New South Wales within the Lake Macquarie local government area, Highfields is a small community (postcode 2289). The area has roughly 936 residents and a blend of families and working-age professionals, with a median age of 37. Households earn a median income of $114K 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, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Highfields stand at $935,000, having declined steeply by 11% over the last twelve months. Units have a median price of $420,000 (+35.9% YoY). The current median weekly rent is $745. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 10 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, Highfields shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($935K/$1.5M), which can point to relative value. The price-to-income ratio of 8.2x is considered moderate. House prices have moved -11.0% 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.