Nords Wharf is a small locality in New South Wales within the Lake Macquarie local government area (postcode 2281). The area has roughly 895 residents and an established family demographic, with a median age of 44. Households earn a median income of $87K per year, with an average household size of 2.6 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 healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Nords Wharf is $945,000, having softened modestly by 1.3% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Nords Wharf is served by 1 school, including 1 primary. The average ICSEA score is 1023, which is around the national average of 1,000. Public transport access includes 3 ferry wharfves, 9 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, Nords Wharf shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices sit below the state median ($945K/$1.5M), which can point to relative value. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -1.3% 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.