Summerland Point

POSTAL CODE: NSW, 2259
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 13.33% capital gain.

Property investors in SUMMERLAND POINT enjoyed capital gains of 5.43% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $850,000.

Profits due to an upward trend in home prices there averaged 4.44% per annum over a 3-year period.

Home owners selling their properties and realtors in SUMMERLAND POINT usually have to wait an average of 52.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $592.5 mark, reflecting a 3.62% increase in returns based on the current median price in SUMMERLAND POINT.

SUMMERLAND POINT, 2259 places 187th in Australia based on median property value growth during the quarter.

Surburb overview

Summerland Point (postcode 2259) lies on a peninsula projecting into Lake Macquarie on the northern edge of the Central Coast region, approximately 128 kilometres north-northeast of Sydney and about 29 kilometres north-northeast of The Entrance.

In the 2021 Census, Summerland Point recorded a population of 2,708, up from 2,493 in 2016, indicating growth in the locality. The median age is relatively high, around 48 years. A large majority of dwellings are owner-occupied (78.2% in 2021), and households typically have an average of 2.5 persons.

Public transport use in Summerland Point is very low. In 2021, only 0.4 per cent of commuters used public transport, while 63.1 per cent travelled by car (as driver or passenger). In the broader Gwandalan–Summerland Point area, about 61.9 per cent of people rely on private vehicles for work travel, with just 0.3 per cent using public transport. Walking and cycling rates are also minimal.

Essential amenities are modest but serve local needs. Summerland Point features a local shopping strip that includes a supermarket, takeaway food outlets, a café, a post office, a hairdresser, and various small shops, all situated near the Boat Harbour. There are no schools within Summerland Point; children typically attend Gwandalan Public School or Lake Munmorah High School in neighbouring suburbs. More comprehensive health, specialist, and retail services are available in larger centres such as Wyong, Lake Haven, or the surrounding suburbs.

Recreational life is strongly tied to the water and the natural environment. Summerland Point offers sheltered boat launching via the Boat Harbour and lagoon, connected to Lake Macquarie, as well as a jetty with marine facilities. The territory is home to the Central Coast Triathlon Club, which hosts races in the area. Open green spaces and parks cover approximately 11.7 per cent of the suburb’s location, comprising eight parks that offer walking opportunities and pleasant local surroundings. The suburb’s lakefront character and its small-scale local infrastructure underpin a lifestyle oriented toward boating, passive recreation and residential serenity.

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