Lake Munmorah NSW 2259

Here you can find what you need to know about Lake Munmorah, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$515k Median Sale Price (National Average $485k) 1094th In NSW
5.86% Median Price Change (1 yr) (National Average 4.30%) 399th In NSW
$410pw Median Rent (National Average $395) 919th In NSW
4.1% Median Gross Yield (National Average 4.24%) 341st In NSW
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Properties sold 123
Average discounting -6.81%
Average Days on Market 67
Stock on Market 50 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lake Munmorah, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lake Munmorah, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lake Munmorah, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Lake Munmorah


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State Auction Clearance Rates - May 2019

Auctions Clearance rate
NSW 276 56%
ACT 31 52%
NT 9 0%
QLD 76 40%
SA 83 51%
TAS 3 0%
VIC 432 61%
WA 29 22%

Local Schools


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Suburb Information

Lake Munmorah, NSW 2259

Part of: Central Coast Council No data available

The size of Lake Munmorah is approximately 5.6 square kilometres. It has 19 parks covering nearly 20% of total area. The population of Lake Munmorah in 2011 was 4,802 people. By 2016 the population was 5,241 showing a population growth of 9.1% in the area during that time. The predominant age group in Lake Munmorah is 70-79 years. Households in Lake Munmorah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Munmorah work in a trades occupation. In 2011, 78.8% of the homes in Lake Munmorah were owner-occupied compared with 79.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lake Munmorah

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Lake Munmorah   for Houses in last 12 months


There have been 120 Houses sold in Lake Munmorah in the past 12 months with a median sale price of $518K, up 6.15% annually. It takes on average 69 days to sell with vendor discounting of -7.24%.

Streets in Lake Munmorah


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