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Chittaway Bay

POSTAL CODE: NSW, 2261
HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.2% growth over a ten-year period. It ranks 1785th on our list of suburbs that property investors should look into.

CHITTAWAY BAY, 2261 has a capital gain of -3.56% for the past year, which is lower than average compared to its 50.82% growth within a five-year period.

With the median home price in CHITTAWAY BAY sitting at $920,000, and the average rent at $665, property owners could potentially earn a 3.76% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CHITTAWAY BAY are low, as opposed to average gains per annum over the past five years.

CHITTAWAY BAY, 2261 in NSW belongs to the local government area of Central Coast (NSW).

Surburb overview

Chittaway Bay is a lakeside suburb on the NSW Central Coast about 86–87 kilometres by road from the Sydney CBD. It lies roughly 19 kilometres from Gosford’s CBD via Wyong Road and arterial links.

The 2021 ABS Census counted 1,987 residents, with a median age of 41 and an average household size of 2.6. Females comprised 51.9 per cent of the population and males 48.1 per cent.

Separate houses accounted for 96.5 per cent of occupied dwellings, reflecting the suburb’s low-rise residential character.

Local buses connect Chittaway Bay to Tuggerah Station, with direct services from the station to Chittaway Road operating daily and taking about six minutes.

Buses also run towards Wyong and The Entrance, integrating the suburb with the wider Central Coast network. Commuters typically link local buses with intercity rail at Tuggerah for services to Sydney and Newcastle.

Daily shopping needs are met at nearby Westfield Tuggerah on Wyong Road and at Bateau Bay Square on Bay Village Road. Westfield Tuggerah serves as a regional centre with extensive retail, services and dining. Bateau Bay Square provides supermarkets and more than 80 specialty stores.

Schooling options sit close by, including Berkeley Vale Public School on Pindarri Avenue and the Berkeley Vale campus of Tuggerah Lakes Secondary College on Berkeley Road.

Regional health care and emergency services are accessible via hospital campuses at Wyong and Gosford, reached by car or public transport.

Recreation focuses on the Tuggerah Lake foreshore, with the off-road Tuggerah Lakes Cycleway running from The Entrance to Chittaway Bay along essentially flat terrain. The lakeside shared path supports walking, running and cycling and links parks, picnic areas and playgrounds.

Residents also reach nearby ocean beaches at Shelly Beach and Bateau Bay by short road trips for surfing and swimming. The street network centres on Chittaway Road and Lakedge Avenue, providing local access to the foreshore and connections to Wyong Road.

A detached-housing profile, established bus links to rail, and proximity to regional retail and recreation shape a suburban lakeside community on the southern shore of Tuggerah Lake.

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