Windermere Park is a small community in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 722, the suburb has an established demographic with a median age of 38. Households earn a median income of $75K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Windermere Park is $745,000, having grown strongly 6.6% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,733.
Public transport access includes 6 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, Windermere Park offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($745K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +6.6% year-on-year.
Windermere Park is a small community in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 722, the suburb has an established demographic with a median age of 38. Households earn a median income of $75K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Windermere Park is $745,000, having grown strongly 6.6% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,733.
Public transport access includes 6 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, Windermere Park offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($745K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +6.6% year-on-year.