Macquarie Hills is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2285). With a population of 3,605, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $117K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Macquarie Hills is $1.1 million, having surged 19.7% over the past year. Units have a median price of $710,000 (+26.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 33 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, Macquarie Hills offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +19.7% year-on-year.
Macquarie Hills is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2285). With a population of 3,605, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $117K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Macquarie Hills is $1.1 million, having surged 19.7% over the past year. Units have a median price of $710,000 (+26.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 33 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, Macquarie Hills offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +19.7% year-on-year.