Suburb Profile Report for Lake Munmorah NSW (2259)

Lake Munmorah House: Median price $420,000, Annual capital growth 4.34%, Number of sales 93, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Lake Munmorah has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.09% to date .

Lake Munmorah,2259 was ranked 1094 in Australia by increase in median property value over the quarter.

Vendor discounting in Lake Munmorah is giving property investors an average Vendor Discount of around -4.40%. This puts suburb at number 838th in NSW when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

HOUSE UNIT
$420,000 N/A
2.44% N/A
9.09% N/A
4.34% N/A
$380 N/A
93 N/A
4.70% N/A
56.77 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4802
Median household income ($/weekly) 837
Median age of persons 44
Median housing loan repayment ($/monthly) 1700
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 615 12.8
    35-44 years 548 11.4
    45-54 years 656 13.7
    55-64 years 576 12.0
    65-74 years 700 14.6
    Others 1708 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 1866 51.0
    Not Married 1432 39.2
    Defacto Relationship 359 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4104 88.6
    New Zealand 23 0.5
    Papua New Guinea 63 1.4
    United Kingdom 271 5.9
    Other 49 1.1
    Others 122 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 17 0.4
    Christianity 3585 79.7
    Islam 11 0.2
    Other Religious Groups 18 0.4
    No Religion 856 19.0
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 160 9.2
    $400-$599 354 20.4
    $600-$799 222 12.8
    $800-$999 171 9.9
    $1,500-$1,999 191 11.0
    Others 635 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1744 46.1
    Employed, worked full-time 1098 29.0
    Employed, worked part-time 659 17.4
    Unemployed, looking for work 155 4.1
    Employed, away from work 129 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 229 12.1
    Technicians & trades workers 350 18.6
    Community & personal service workers 231 12.2
    Clerical & administrative workers 254 13.5
    Labourers 246 13.0
    Others 576 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 101 9.7
    Infants/Primary 394 37.8
    Secondary 317 30.5
    Technical or Further Educational Institution 127 12.2
    University or other Tertiary Institutions 88 8.5
    Others 14 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4560 99.0
    Semi-detached, row or terrace house, townhouse 22 0.5
    House or flat attached to a shop, office 17 0.4
    Flat, unit or apartment 8 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 879 46.5
    Being purchased 632 33.4
    Rented 374 19.8
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals