Suburb Profile Report for Lake Munmorah NSW (2259)

Lake Munmorah House: Median price $485,000, Annual capital growth 6.27%, Number of sales 118, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

Lake Munmorah is an average performer in NSW when comparing median price capital growth over the last year. Lake Munmorah gave property investors a good capital gain figure when compared to the rest of the state, with 15.07%.

If we look at median property appreciation over just the last three months, Lake Munmorah has given property investors a paper return of 2.11%. This puts Suburb as 684 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -4.95% to buyers in Lake Munmorah at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$485,000 N/A
2.11% N/A
15.07% N/A
6.27% N/A
$410 N/A
118 N/A
4.40% N/A
39.17 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Lake Munmorah NSW
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