Property value increases in Lake Cathie have tracked close to the NSW average of 1.14% over the last 12 months.
Across a shorter period, Lake Cathie, 2445 has seen a median price increase of -4.07% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Lake Cathie is offering property investors an average of -6.46. This rate of discount on properties puts Suburb at number 243th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.
With the median price for a house in Lake Cathie being $590000 and the advertised rent reaching $472.5 the gross rental yield for property investors calculates out to be 4.16%