Cameron Park

POSTAL CODE: NSW, 2285
HOUSE
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Property investments in CAMERON PARK fare well against the rest of the country last year, registering a median home price increase of 10.5%.

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

Based on its average 5-year and quarterly capital gains CAMERON PARK, 2285 saw average growth in the long term.

Real estate investors could earn a rental income of $795 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 34.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,000,000.

CAMERON PARK ranks 193rd on the list of best yielding suburbs for rental properties in NSW, posting a 4.13% return.

Surburb overview

Cameron Park is a residential suburb in the City of Lake Macquarie, NSW, with postcode 2285, situated west of Newcastle between Edgeworth, West Wallsend and Minmi. 

The suburb is about 20 kilometres west of Newcastle’s central business district, with George Booth Drive and the nearby M1 Pacific Motorway providing road connections across the Newcastle and Lake Macquarie region.

The 2021 Census recorded more than 9,900 residents in Cameron Park, reflecting substantial residential development in the suburb over recent decades. Housing includes established and newer residential estates, with separate houses accounting for much of the local accommodation.

Cameron Park does not have a railway station; nearby stations, including Cockle Creek and Cardiff, provide access to passenger rail services. Bus services connect Cameron Park with surrounding centres, including Edgeworth, Glendale and Newcastle, where passengers can access additional public transport options.

Cameron Park has local primary education facilities, while secondary schools and additional education options are available in neighbouring suburbs, including West Wallsend and Glendale.

Cameron Park Plaza provides supermarkets, specialty shops, food outlets and other everyday services within the suburb. Additional retail facilities are available at nearby Edgeworth and Glendale, including the larger commercial precinct around Stockland Glendale.

Medical centres, pharmacies and allied healthcare providers operate locally and in surrounding suburbs, while larger hospitals and specialist services are available elsewhere in Lake Macquarie and Newcastle.

Pasterfield Sports Complex is a major local recreation facility with sports fields, courts, a skate park, a playground, and other community spaces. Cameron Park also contains neighbourhood parks, playgrounds and walking areas distributed throughout its residential estates. The Newcastle International Sports Centre and other major sporting and entertainment facilities in Newcastle are accessible by road from Cameron Park.

The suburb is close to extensive bushland around the Sugarloaf Range, providing access to nature-based recreation in the wider district. Nearby Sugarloaf State Conservation Area protects forest and bushland environments and permits activities such as bushwalking and nature observation.

 

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