Killingworth is a small community in New South Wales within the Lake Macquarie local government area (postcode 2278). With a population of 690, the suburb has an established demographic with a median age of 39. Households earn a median income of $109K per year, with an average household size of 3.1 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 Killingworth is $740,000, having declined 5.1% over the past year. The current median weekly rent is $565. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,950.
Public transport access includes 13 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, Killingworth offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -5.1% year-on-year.
Killingworth is a small community in New South Wales within the Lake Macquarie local government area (postcode 2278). With a population of 690, the suburb has an established demographic with a median age of 39. Households earn a median income of $109K per year, with an average household size of 3.1 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 Killingworth is $740,000, having declined 5.1% over the past year. The current median weekly rent is $565. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,950.
Public transport access includes 13 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, Killingworth offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -5.1% year-on-year.