About Lake Munmorah

Lake Munmorah is a suburb on the Central Coast of New South Wales, Australia. It surrounds the picturesque Lake Munmorah and offers a mix of residential and natural landscapes. The area is known for its tranquil lake, coastal beauty, and proximity to the Munmorah State Conservation Area.
About Lake Munmorah
Lake Munmorah
Lake Munmorah

Suburb Statistics

* Derived from publicly available listing data over a 12 Month period starting October 01, 2023

Summary

150 Total number of listingsin the past 12 months
House listings140
Unit listings10
Median Days On Marketin the past 12 months
House34
Unit40
Average Sales Pricein the past 12 months
House$744,956
Unit$500,000

Demographics

5,084 Total Suburb population
0-45-1920-2425-3435-4445-6465-Over02004006008001,0001,2001,4002437937465124691,2771,563
Age Range
2,507 Total Private Dwellings
House:2,422
Owned Ratio:81.76%
Rented Ratio:18.39%
Unit:70
Owned Ratio:68.85%
Rented Ratio:49.18%

Housing Market

House Statistics
Total Sold Properties101
Median Days On Market34
Median Sold Price$715,000
Rental Yield4.30%
Median Sold Price Growth4.40%
Vacancy Rate0.25%
Auction Clearance Rate0.00%
Unit Statistics
Total Sold Properties2
Median Days On Market40
Median Sold Price$500,000
Rental Yield5.20%
Median Sold Price Growth0.00%
Vacancy Rate2.86%

Listing Count - 12 Months

House
Unit
Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24May '24Jun '24Jul '24Aug '24Sep '24051015
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Market Activity in (Lake Munmorah), last 12 months

Suburb listings
Number of Listings*47* House & Units
Suburb Rental Properties
Rental Properties*2* During May 2024
Suburb Sold Properties
Sold Properties*103* House & Units

Lifestyle and Amenities

Scenic Tranquility:

Lake Munmorah offers a peaceful lifestyle with its scenic lake, beaches, and natural surroundings, providing residents with a serene environment.



Recreational Opportunities:

The area provides opportunities for outdoor activities such as fishing, hiking, and water sports, making it ideal for those who enjoy an active and outdoor lifestyle.



Local Amenities:

While maintaining a quiet atmosphere, Lake Munmorah has essential amenities like schools, shops, and parks, ensuring convenience for residents without sacrificing the charm of a coastal community.

Lifestyle and Amenities
Investment Opportunities

Investment Opportunities

Real Estate Growth:

Lake Munmorah presents investment potential in real estate, with opportunities for property appreciation given its scenic location and proximity to natural attractions, making it appealing to potential buyers or renters.



Tourism and Hospitality:

With its natural beauty and recreational offerings, investing in tourism and hospitality businesses, such as vacation rentals or small cafes, could tap into the area's potential as a destination for visitors seeking a coastal retreat.



Infrastructure Development:

Keeping an eye on potential infrastructure projects or improvements in the region can be a strategic investment play, as enhanced infrastructure often contributes to increased property values and overall economic growth in the area.

Unique Characteristics

Munmorah State Conservation Area:

Lake Munmorah is distinguished by its proximity to the Munmorah State Conservation Area, offering unique flora and fauna, along with scenic coastal landscapes for nature enthusiasts and hikers.



Coastal Charm:

The suburb combines a tranquil lakeside setting with coastal beauty, providing residents with the rare opportunity to enjoy both a serene lake environment and the pleasures of living near the ocean.

Unique Characteristics