Windale is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2306). With a population of 3,421, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $40K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Windale is $750,000, having risen modestly 1% over the past year. Units have a median price of $510,000 (+4.1% YoY). The current median weekly rent is $508. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,478.
Windale is served by 2 schools, including 2 primary. The average ICSEA score is 820, which is well below the national average of 1,000. Public transport access includes 40 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, Windale offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.6x is considered stretched. House prices have moved +1.0% year-on-year.
Windale is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2306). With a population of 3,421, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $40K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Windale is $750,000, having risen modestly 1% over the past year. Units have a median price of $510,000 (+4.1% YoY). The current median weekly rent is $508. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,478.
Windale is served by 2 schools, including 2 primary. The average ICSEA score is 820, which is well below the national average of 1,000. Public transport access includes 40 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, Windale offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.6x is considered stretched. House prices have moved +1.0% year-on-year.