The post-budget guide to commercial property investing

Edgeworth

POSTAL CODE: NSW, 2285
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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $860,000.

The upward trend in home prices in EDGEWORTH, 2285 averaged 10.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $680 mark, reflecting a 4.11% increase in returns based on the current median price in EDGEWORTH.

An average of 14.42 real estate transactions take place per month in EDGEWORTH which translates to 173 per annum.

173 properties were sold in EDGEWORTH in 2016, making it the 999th most active market in NSW based on total real estate transactions.

EDGEWORTH, 2285 places 236th in Australia based on median property value growth during the quarter.

Surburb overview

Edgeworth is a residential and commercial suburb in the City of Lake Macquarie, NSW, with postcode 2285, situated between Glendale, Cameron Park, Barnsley and Holmesville. The suburb is about 17 kilometres west of Newcastle’s central business district, with Main Road and nearby arterial routes providing connections towards Newcastle, Glendale and the M1 Pacific Motorway.

The 2021 Census recorded about 6,500 residents in Edgeworth, with separate houses forming the predominant type of residential accommodation. Established neighbourhoods make up much of the suburb, alongside commercial areas, community facilities and pockets of open space.

Edgeworth does not have a railway station; nearby Cockle Creek and Cardiff stations provide passenger rail services on the Central Coast & Newcastle Line. Local bus services connect Edgeworth with Glendale, Cardiff, Cameron Park and Newcastle, where passengers can access additional public transport connections.

Edgeworth Public School provides primary education within the suburb, while secondary education options include Glendale Technology High School and West Wallsend High School in surrounding areas.

The commercial area around Main Road contains supermarkets, pharmacies, food outlets and other everyday shops and services. Nearby Stockland Glendale and its surrounding retail precinct provide access to additional supermarkets, department stores, specialty retailers and professional services.

Medical centres, pharmacies, dental practices and allied healthcare providers operate in Edgeworth and neighbouring Glendale, with larger hospital facilities available elsewhere across Lake Macquarie and Newcastle.

Edgeworth has several local parks, playgrounds and sporting facilities that support organised and informal recreation. Jack McLaughlan Oval is among the suburb’s sporting grounds and is used for local sporting activities. Nearby, Glendale has additional sports and recreation facilities, including the Hunter Sports Centre.

Bushland around neighbouring Cameron Park, Barnsley and the Sugarloaf Range provides opportunities for nature-based recreation in the wider district. Lake Macquarie is accessible at Speers Point and Warners Bay, where foreshore parks and shared paths support walking, running and cycling. The lake also provides opportunities for boating, fishing, kayaking and other water-based activities within driving distance of Edgeworth.

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