Yarrawonga Park is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 390, the suburb has a mature demographic with a median age of 46. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Yarrawonga Park is $735,000, having surged 19.5% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,517.
Public transport access includes 2 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, Yarrawonga Park offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +19.5% year-on-year.
Yarrawonga Park is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 390, the suburb has a mature demographic with a median age of 46. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Yarrawonga Park is $735,000, having surged 19.5% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,517.
Public transport access includes 2 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, Yarrawonga Park offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +19.5% year-on-year.