Thinking about buying in Marmong Point? Now could not be a better time, with just 360 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $948,000 with prices in this suburb ranging from $260,000 to $2,441,000. Marmong Point is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Marmong Point there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Marmong Point is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Marmong Point leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Marmong Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
4 KYLIE CL, MARMONG POINT, NSW, 2284 | 4 | 3 | 2 | $1,085,000 - $1,150,000 |
Lake Macquarie High School
Five Islands School
Booragul Public School
St Paul's Catholic College
Fennell Bay Public School
Speers Point Public School
(While the above schools are located with the suburb of Marmong Point there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
28-10-2024 | $975,000 | 8 CANOPUS CL |
01-10-2024 | $962,500 | 26 EXPRESS CCT |
20-08-2024 | $570,000 | 5 / 10 HIGH ST |
09-08-2024 | $800,000 | 50 NANDA ST |
19-07-2024 | $715,000 | 17 CANOPUS CL |
05-07-2024 | $933,333 | 18 NANDA ST |
12-06-2024 | $1,120,000 | 14 HIGH ST |
03-06-2024 | $825,000 | 7 COURAGEOUS CL |
30-11-2023 | $860,000 | 9 COURAGEOUS CL |
01-11-2023 | $1,300,000 | 35 GEORGE ST |
12-09-2023 | $780,000 | 45 GEORGE ST |
24-08-2023 | $1,195,000 | 30 DEFENDER CL |
31-07-2023 | $535,000 | 6 / 10 HIGH ST |
20-07-2023 | $835,000 | 9 ERA CL |
04-07-2023 | $850,000 | 10 COURAGEOUS CL |
28-02-2023 | $1,350,000 | 33 GEORGE ST |
14-02-2023 | $790,000 | 6 COURAGEOUS CL |
17-01-2023 | $1,200,000 | 20 HIGH ST |
19-12-2022 | $807,000 | 9 HIGH ST |
26-07-2022 | $761,185 | 15 CANOPUS CL |
31-05-2022 | $950,000 | 3 EXPRESS CCT |
15-03-2022 | $995,000 | 7 EXPRESS CCT |
04-03-2022 | $820,000 | 123 MARMONG ST |
18-02-2022 | $800,000 | 121 MARMONG ST |
28-01-2022 | $2,275,000 | 14 GEORGE ST |
16-12-2021 | $770,000 | 22 CANOPUS CL |
13-12-2021 | $755,000 | 6 ERA CL |
10-12-2021 | $860,000 | 16 DEFENDER CL |
30-11-2021 | $900,000 | 6 KYLIE CL |
10-11-2021 | $1,295,000 | 33 GEORGE ST |
02-11-2021 | $820,000 | 28 EXPRESS CCT |
29-10-2021 | $770,000 | 34 MARMONG ST |
14-10-2021 | $10,500,000 | 1 NANDA ST |
01-10-2021 | $330,000 | 9 EXPRESS CCT |
16-09-2021 | $720,000 | 3 ERA CL |
12-05-2021 | $715,000 | 1 CANOPUS CL |
04-05-2021 | $597,500 | 82 MARMONG ST |
30-11-2020 | $600,000 | 14 DEFENDER CL |
08-10-2020 | $490,000 | 24 GEORGE ST |
28-08-2020 | $650,000 | 4 ERA CL |
12-08-2020 | $570,000 | 41 GEORGE ST |
29-04-2020 | $599,999 | 17 EXPRESS CCT |
30-03-2020 | $605,000 | 31 DEFENDER CL |
16-12-2019 | $553,000 | 23 DEFENDER CL |
31-10-2019 | $630,000 | 26 COURAGEOUS CL |
29-10-2019 | $525,000 | 4 DEFENDER CL |
28-10-2019 | $900,000 | 24 MARMONG ST |
27-09-2019 | $196,000 | 20 HIGH ST |
07-08-2019 | $445,000 | 5 ERA CL |
29-07-2019 | $510,900 | 99 MARMONG ST |
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