Nords Wharf is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 895, the suburb has an established 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. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Nords Wharf is $665,000, having increased 3.1% over the past year. Units have a median price of $1.0 million (+33.1% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 5.3%. 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 3,396 incidents per 100,000 population.
From an investment perspective, Nords Wharf offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($665K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +3.1% year-on-year.
Nords Wharf is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 895, the suburb has an established 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. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Nords Wharf is $665,000, having increased 3.1% over the past year. Units have a median price of $1.0 million (+33.1% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 5.3%. 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 3,396 incidents per 100,000 population.
From an investment perspective, Nords Wharf offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($665K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +3.1% year-on-year.