Suburb Profile Report for Lake Cathie NSW (2445)

Lake Cathie House: Median price $510,000, Annual capital growth 3.59%, Number of sales 78, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Investment property in Lake Cathie has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.25%

If we look at median property appreciation over just the last three months, Lake Cathie has given property investors a paper return of 3.03%. This puts Suburb as 545 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Lake Cathie itself are offering an average vendor discount of -2.49% to real estate investors.

Often selling an investment property can take time, and in Lake Cathie the average time real estate has been on the market is 75.8 days.

Lake Cathie, 2445’s gross rental yield is 4.28%

HOUSE UNIT
$510,000 N/A
3.03% N/A
6.25% N/A
3.59% N/A
$420 N/A
78 N/A
4.28% N/A
75.8 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2997
Median household income ($/weekly) 923
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 463 15.4
    35-44 years 436 14.5
    45-54 years 412 13.7
    55-64 years 436 14.5
    65-74 years 370 12.3
    Others 881 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 1254 57.7
    Not Married 740 34.0
    Defacto Relationship 180 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2630 90.8
    Greece 8 0.3
    Papua New Guinea 29 1.0
    United Kingdom 162 5.6
    Other 21 0.7
    Others 46 1.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.5
    Christianity 2167 76.8
    Islam 6 0.2
    Other Religious Groups 6 0.2
    No Religion 621 22.0
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 155 15.0
    $600-$799 143 13.9
    $800-$999 119 11.5
    $1,000-$1,249 104 10.1
    $1,500-$1,999 111 10.8
    Others 400 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1001 44.5
    Employed, worked full-time 635 28.2
    Employed, worked part-time 466 20.7
    Unemployed, looking for work 85 3.8
    Employed, away from work 64 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 206 17.6
    Technicians & trades workers 195 16.7
    Community & personal service workers 136 11.6
    Clerical & administrative workers 176 15.1
    Sales 129 11.0
    Others 327 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 76 10.2
    Infants/Primary 292 39.0
    Secondary 232 31.0
    Technical or Further Educational Institution 76 10.2
    University or other Tertiary Institutions 53 7.1
    Others 19 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2648 92.7
    Flat, unit or apartment 111 3.9
    Semi-detached, row or terrace house, townhouse 92 3.2
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 479 42.9
    Being purchased 365 32.7
    Rented 269 24.1
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals