Windermere Park

POSTAL CODE: NSW, 2264
HOUSE

Property investors enjoyed capital gains of 9% over the last 12 months in WINDERMERE PARK, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 10.34% growth over a ten-year period. It ranks 4341st on our list of suburbs that property investors should look into.

WINDERMERE PARK, 2264 has a capital gain of 9% for the past year, which is lower than average compared to its 64.32% growth within a five-year period.

With the median home price in WINDERMERE PARK sitting at $817,500, and the average rent at $655, property owners could potentially earn a 4.17% increase in gross rental yield.

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

WINDERMERE PARK, 2264 in NSW belongs to the local government area of Lake Macquarie.

Surburb overview

Windermere Park is a small residential suburb in the City of Lake Macquarie, NSW, with postcode 2264, on a peninsula east of Morisset and on the western side of Lake Macquarie.

Morisset is about five kilometres west of the suburb, while Newcastle’s central business district is about 53 kilometres away by road, and Sydney lies about 89 kilometres away in a straight line.

The 2021 Census recorded 722 people in Windermere Park, comprising 46.7 per cent males and 53.3 per cent females.

The median age was 38, compared with 39 across NSW, while 7.5 per cent of residents identified as Aboriginal and/or Torres Strait Islander.

Windermere Park contained 301 private dwellings, with an average household size of 2.5 people and a median weekly household income of $1,446.

The suburb does not have a railway station, but nearby Morisset provides rail connections on the Central Coast & Newcastle Line to Newcastle, the Central Coast, and Sydney.

Bus services operate around the Morisset Peninsula, connecting the wider Windermere Park area to Morisset and its railway station.

Schools in the surrounding suburbs include Brightwaters Christian College in Brightwaters and Morisset High School in Morisset, with other educational options available throughout the Morisset district.

Residents can access supermarkets and other everyday services in nearby Bonnells Bay and Morisset, including Coles Bonnells Bay, as well as medical services at Ochre Medical Centre Bonnells Bay and other surrounding centres.

The suburb’s position beside Bardens Bay and Lake Macquarie provides access to boating, fishing, and other water-based recreation, with a boat-launching ramp located off Lakeview Road in the bay area.

Local and nearby open spaces include Windermere Park and Pendlebury Park in neighbouring Bonnells Bay, adding playground and foreshore recreation options within the wider peninsula area.

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