Fishing Point

POSTAL CODE: NSW, 2283
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,195,000.

The upward trend in home prices in FISHING POINT, 2283 averaged 3.21% per annum over a 3-year period.

Average weekly rents on listings have reached the $775 mark, reflecting a 3.37% increase in returns based on the current median price in FISHING POINT.

An average of 2.67 real estate transactions take place per month in FISHING POINT which translates to 32 per annum.

32 properties were sold in FISHING POINT in 2016, making it the 648th most active market in NSW based on total real estate transactions.

FISHING POINT, 2283 places 430th in Australia based on median property value growth during the quarter.

Surburb overview

Fishing Point is a residential lakeside suburb in the City of Lake Macquarie, NSW, with postcode 2283, situated on a peninsula on the western side of Lake Macquarie between Rathmines and Coal Point.

The suburb is about 30 kilometres south-west of Newcastle’s central business district, with local roads providing connections towards Toronto and other western Lake Macquarie communities.

The 2021 Census recorded about 1,100 residents in Fishing Point, with separate houses being the predominant type of housing. Housing extends across elevated parts of the peninsula and along the shoreline, while reserves and bushland contribute to the suburb’s open space.

Fishing Point does not have a railway station; Fassifern Station is the nearest major passenger rail connection to Newcastle, the Central Coast and Sydney. Bus services in the surrounding western Lake Macquarie area provide connections towards Toronto, where additional public transport options are available.

There are no major schools within Fishing Point; primary education facilities are available in nearby Rathmines, Coal Point, and other surrounding suburbs. Secondary education and additional schooling options are available in Toronto and elsewhere across western Lake Macquarie.

Fishing Point has limited retail facilities, with residents generally travelling to Toronto for supermarkets, pharmacies, medical practices and other everyday services. Additional shopping and healthcare facilities are available in Glendale, Cardiff and larger centres across Lake Macquarie and Newcastle.

Lake Macquarie surrounds much of the Fishing Point peninsula and provides opportunities for boating, fishing, kayaking and other water-based recreation. Fishing Point Foreshore Reserve provides public access to the lake and space for picnicking, walking and informal outdoor activities. Boat-launching facilities around Fishing Point and neighbouring suburbs provide recreational access to the lake.

Nearby Rathmines Park occupies part of the former RAAF seaplane base and contains extensive open space, playgrounds, sporting facilities and waterfront recreation areas. Neighbouring Coal Point and Carey Bay contain additional foreshore reserves and boating facilities.

Local parks, bushland, and the extensive Lake Macquarie shoreline provide additional settings for walking, wildlife observation, and outdoor recreation.

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