All About Cardiff South, Lake Macquarie , NSW 2285

Cardiff South Real Estate Market Outlook

Thinking about buying in Cardiff South? Now could not be a better time, with 1351 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $768,000 with prices in this suburb ranging from $89,000 to $3,478,000. Cardiff South is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cardiff South due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Cardiff South classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Cardiff South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Cardiff South, a suburb located in the Lake Macquarie region of New South Wales, offers a dynamic housing market characterized by a mix of affordability and growth potential, attracting both families and investors. Over recent years, the area has witnessed a steady increase in property demand, driven by its appealing combination of suburban tranquillity and proximity to essential amenities. The housing options here range from charming older-style homes to modern developments, catering to a diverse range of preferences and budgets. This variety not only makes it an attractive destination for first-time buyers seeking value for money but also for investors looking to capitalize on the region's upward trend in property values. Additionally, the suburb's ongoing infrastructure developments and enhancements in public transportation contribute significantly to its appeal, providing convenient links to major hubs such as Newcastle and Sydney.

Living in Cardiff South offers residents a blend of quiet suburban life with the conveniences of a larger city environment. The area boasts attractive natural surroundings, with easy access to Lake Macquarie’s picturesque waterfront, providing ample opportunities for recreational activities such as sailing, fishing, and picnicking. The suburb is also home to several well-regarded schools, parks, and local shops, which cater to the community's needs, enhancing the overall family-friendly atmosphere. Additionally, Cardiff South's sense of community is evident in its active local clubs and organizations, which host a variety of events and social gatherings throughout the year. This lifestyle, marked by community engagement, outdoor enjoyment, and convenient living, makes Cardiff South a desirable place for people looking to settle in a region that combines the best of both suburban and urban amenities.

---

---

---

---

}

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!