Valentine is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2280). With a population of 5,773, the suburb has a mature demographic with a median age of 46. Households earn a median income of $112K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Valentine is $1.3 million, having grown strongly 6.1% over the past year. Units have a median price of $1.1 million (+27.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,096.
Valentine is served by 1 school, including 1 primary. The average ICSEA score is 1071, which is above the national average of 1,000. Public transport access includes 62 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, Valentine offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved +6.1% year-on-year.
Valentine is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2280). With a population of 5,773, the suburb has a mature demographic with a median age of 46. Households earn a median income of $112K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Valentine is $1.3 million, having grown strongly 6.1% over the past year. Units have a median price of $1.1 million (+27.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,096.
Valentine is served by 1 school, including 1 primary. The average ICSEA score is 1071, which is above the national average of 1,000. Public transport access includes 62 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, Valentine offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved +6.1% year-on-year.