Arcadia Vale

POSTAL CODE: NSW, 2283
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 18.55% capital gain.

It 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

The augmented property values in the suburb are trailing above the territorial average of 6.59% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $650.

Home owners selling their properties and realtors in ARCADIA VALE usually have to wait an average of 47.2 days days before their assets are lifted off the market.

The NSW suburb ranks 259th on the list of best yielding suburbs for rental properties in NSW, posting a 3.98% return.

It also places places 1138th in Australia based on median property value growth during the quarter.

Surburb overview

Arcadia Vale is a residential lakeside suburb in the City of Lake Macquarie, NSW, with postcode 2283, situated on the western shore of Lake Macquarie between Wangi Wangi, Rathmines and Buttaba. The suburb is about 35 kilometres south-west of Newcastle’s central business district, with local roads connecting it to Toronto and other communities around western Lake Macquarie.

The 2021 Census recorded about 1,500 residents in Arcadia Vale, with detached houses as the predominant type of housing. Residential streets extend inland from the Lake Macquarie shoreline, with bushland and public open space remaining around parts of the suburb.

Arcadia Vale does not have a railway station; residents can access passenger rail services at Fassifern and other stations in the wider Lake Macquarie area. Bus services provide public transport connections between Arcadia Vale, Toronto and surrounding western Lake Macquarie suburbs.

Arcadia Vale Public School provides primary education within the suburb, while secondary schools and additional education facilities are available in Toronto and other nearby centres.

The suburb contains some local businesses, while residents generally travel to Toronto for supermarkets, pharmacies, medical practices and a broader range of everyday retail and professional services. Additional healthcare facilities are available across western Lake Macquarie, with larger hospitals and specialist services located elsewhere in Lake Macquarie and Newcastle.

Arcadia Vale has direct frontage to Lake Macquarie, providing opportunities for boating, kayaking, fishing and other water-based recreation. Arcadia Vale Foreshore Reserve provides public access to the waterfront, with open space available for walking, picnicking and informal recreation. Boat-launching and other lake-access facilities are available around the wider western Lake Macquarie shoreline.

Nearby Rathmines Park occupies the former RAAF seaplane base and contains extensive open space, playgrounds, sporting facilities and foreshore areas. Wangi Wangi provides additional lakefront recreation and is associated with Dobell House, the former home and studio of Australian artist Sir William Dobell.

Bushland, local reserves, and the Lake Macquarie shoreline provide additional settings for walking, wildlife observation, and outdoor recreation around Arcadia Vale.

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