Warners Bay is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2282). With a population of 8,237, the suburb has a mature demographic with a median age of 46. Households earn a median income of $78K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Warners Bay is $973,000, having dropped significantly 11.6% over the past year. Units have a median price of $850,000 (+6.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,058.
Warners Bay is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 82 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Warners Bay offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($973K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved -11.6% year-on-year.
Warners Bay is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2282). With a population of 8,237, the suburb has a mature demographic with a median age of 46. Households earn a median income of $78K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Warners Bay is $973,000, having dropped significantly 11.6% over the past year. Units have a median price of $850,000 (+6.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,058.
Warners Bay is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 82 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Warners Bay offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($973K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved -11.6% year-on-year.