Croudace Bay

POSTAL CODE: NSW, 2280
HOUSE
CROUDACE BAY ranks 1225th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 3.62% for the past year is higher than average compared to its 0% growth within a five-year period.

Also in CROUDACE BAY, the median home price is sitting at $1,060,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a 3.16% gain in CROUDACE BAY based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.94% growth over a ten-year period. It ranks 3395th on our list of suburbs that property investors should look into.

Surburb overview

Croudace Bay is a residential suburb in the City of Lake Macquarie, NSW, with postcode 2280, situated on the eastern side of Lake Macquarie between Valentine, Belmont North and Eleebana. The suburb is about 16 kilometres southwest of Newcastle’s central business district and is connected to surrounding communities by roads including Croudace Bay Road.

The 2021 Census recorded 625 residents in Croudace Bay, reflecting its relatively small residential population. Housing is concentrated primarily in the eastern and northern parts of the suburb, while recreation areas, bushland and healthcare facilities occupy substantial areas closer to the lake.

Croudace Bay does not have a railway station; residents generally use buses or private vehicles to reach surrounding centres and railway connections elsewhere in Newcastle and Lake Macquarie. Bus services operate along Croudace Bay Road and provide connections with nearby suburbs, including Belmont and Charlestown.

Educational options are available in the surrounding suburbs, including Valentine Public School, Belmont North Public School, and Belmont High School.

Residents generally travel to Belmont, Mount Hutton and Charlestown for supermarkets, pharmacies, retail businesses and other everyday services. Belmont Hospital is located in Croodace Bay and provides a range of healthcare services to communities across the Lake Macquarie area.

The suburb has extensive frontage to Lake Macquarie, providing opportunities for boating, fishing, kayaking and other water-based recreation.

Thomas H Halton Park is a major foreshore recreation area and includes open grassed areas, picnic facilities, playgrounds and access to the lake. The park also contains sporting and recreational facilities and provides space for walking and informal outdoor activities.

Croudace Bay Park adjoins the foreshore and contributes additional public open space within the suburb. Walking routes along the waterfront offer views across Lake Macquarie and connect local recreation areas.

Nearby Belmont and Valentine provide access to additional sporting facilities, reserves, and lakefront recreation, while the bushland on the eastern side of Lake Macquarie supports further nature-based activities.

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