Recent statistics released by Rpdata for the second quarter 2010 shows capital growth is still being recorded in the Lake Macquarie area.
The strongest performing suburbs were Awaba 36% followed by Balcolyn and Balmoral with 22%, Mirrabrooka and Eleebana had 14% with Argenton, Bonnells Bay, Cardiff and Cardiff Heights, Fassifern, Kilaben Bay,Rankin Park, Speers Point, Toronto and Warners Bay all showing growth of between 6-8%.
Lake Macquarie is one of NSW strongest growing locations with it’s proximity to recreation and employment opportunities. A great place to raise a family
If you are looking to buy in these or any other areas within Lake Macquarie and would like to now how your suburb is performing then follow the Rpdata link at the start of this article for you free report
Property Investor Profile
- Highest percentage of property investors are in the 36 – 45 age group.
- 55% will be male.
- Property investing is part of their retirement plan.
- They have either equity in their existing property or a cash deposit.