Jewells

POSTAL CODE: NSW, 2280
HOUSE
JEWELLS ranks 702nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8.14% for the past year is lower than average compared to its 51.76% growth within a five-year period.

Also in JEWELLS, the median home price is sitting at $1,076,000, and the average rent at $750, this suggests property owners could potentially earn a 3.62% increase in gross rental yield.

Property investors have seen a 1.22% gain in JEWELLS 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 7.4% growth over a ten-year period. It ranks 1737th on our list of suburbs that property investors should look into.

Surburb overview

Jewells is a residential suburb in the City of Lake Macquarie, NSW, with postcode 2280, situated between Belmont North, Redhead, Bennetts Green and Mount Hutton.

The suburb is about 15 kilometres southwest of Newcastle’s central business district, with nearby major roads providing connections towards Charlestown, Belmont and central Newcastle. Jewells is predominantly residential, with established separate houses, local parks and areas of bushland shaping much of the suburb.

The 2021 Census remains the latest completed Australian Census, with NSW recording a median age of 39 and an average household size of 2.6 people for comparison with local demographic data.

Jewells does not have a railway station, so buses and private vehicles provide the main transport options for residents. Bus services through Jewells and adjoining suburbs connect with larger centres such as Belmont and Charlestown, where passengers can access additional public transport routes.

Jewells Primary School on Lepton Parade provides primary education in the suburb, while secondary schools and additional educational facilities are located in surrounding areas.

Everyday retail facilities are concentrated at Jewellstown Plaza on Ntaba Road, with larger shopping centres available at Mount Hutton and Charlestown.

Local healthcare is available at Jewells Medical Centre, while Belmont Hospital and other medical facilities in surrounding suburbs provide additional services.

Jewells lies close to the coastal bushland and wetland environments extending through Belmont North and Redhead. Belmont Wetlands State Park is nearby and contains wetlands, bushland, sand dunes and tracks used for walking, cycling and other permitted recreation.

Redhead Beach, east of Jewells, provides access to the Pacific Ocean for swimming, surfing and other beach-based activities.

Lake Macquarie is located west of the suburb, with neighbouring Belmont, Croo Beach and Valentine providing foreshore reserves and opportunities for boating, fishing and kayaking.

Local parks and playgrounds provide additional outdoor recreation in Jewells, while sporting grounds and larger reserves are spread across neighbouring suburbs.

 

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