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Cameron Park suburb profile

Cameron Park is a rapidly growing suburb located in the Lake Macquarie region of New South Wales, approximately 20km west of Newcastle. Known for its family-friendly atmosphere, the suburb offers a mix of modern housing developments and green spaces, making it an attractive choice for families and professionals. Cameron Park is well-serviced by local amenities, including shopping centres, schools, and recreational facilities. Its proximity to major transport routes, such as the M1 Pacific Motorway, provides convenient access to Newcastle and Sydney. The suburb's community spirit and ongoing development make it a desirable place to live.

Cameron Park property market performance

Property growth+6.6%Past 12 months

Cameron Park’s property market has seen a robust increase in house values, with an 8.9% rise over the past 12 months, bringing the current median house price to approximately $1.1 million. However, the unit market shows no activity, with no sales and no change in median value, reflecting a limited unit market.

Over the past three months, 46 houses have been sold, with a swift average time on the market of just 17 days, indicating strong demand. Unit sales have been negligible, supporting the lack of data in this sector.

Rental demand for houses in Cameron Park has been strong, with rent prices increasing by 8.3% over the past 12 months, reaching an average of $780. There has been no activity in the unit rental market.

HousesUnits
Median price
Past 3 months
$1.10MN/A
Change in value
Past 12 months
8.9%N/A
Sold
Past 3 months
462
Median days on market
Past 12 months
17N/A
Average rent
Past 12 months
$780N/A
Change in rent
Past 12 months
8.3%N/A

5 year median price trend for houses and units

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Cameron Park demographics

Cameron Park, located in the Hunter Region of New South Wales, is a thriving suburb known for its family-friendly environment and modern amenities. With a population of 9,977 and a median age of 33, it is a youthful community that attracts young families and professionals seeking a balanced lifestyle. The suburb's proximity to Newcastle and the Hunter Valley makes it an appealing choice for those who want to enjoy the benefits of suburban living while still being close to urban conveniences and natural attractions.

The suburb's demographic profile is characterized by a high percentage of couple families with children, accounting for 58.2% of the population. This reflects Cameron Park's reputation as a family-oriented community with excellent schools, parks, and recreational facilities. Additionally, 28.6% of households are couple families without children, indicating a diverse mix of residents who appreciate the suburb's peaceful and welcoming atmosphere.

In terms of property ownership, Cameron Park has a strong homeownership rate, with 22.3% of properties owned outright and 55.3% owned with a mortgage. This suggests a stable and established community with a significant number of residents investing in their homes. The rental market is relatively small, with only 22.4% of properties being rented, which further underscores the suburb's appeal to those seeking long-term residency. With a median total household income of $2,464 per week, Cameron Park offers a comfortable standard of living for its residents, making it an attractive destination for families and professionals alike.

Cameron Park infrastructure, key developments and investment opportunities

Cameron Park continues to benefit from its position near the M1 Motorway, Hunter Expressway and Newcastle Link Road, supporting strong commuter demand and underpinning buyer interest from those working in Newcastle and the broader Hunter employment hubs.[5] The growing Cameron Park Plaza and nearby Stockland Glendale shopping precinct provide expanding retail, dining and service options, which enhance day-to-day convenience and make the suburb more attractive to families and investors.[1][5]

Local amenity is bolstered by multiple parks, playgrounds and walking trails, along with nearby schools and healthcare services, including a dedicated medical practice and aged care facility, all of which support long-term livability and appeal to a broad demographic base.[1][5][7] There are currently no widely publicised major new infrastructure or planning changes specific to Cameron Park beyond this ongoing residential growth and retail expansion, so property performance is largely being driven by its family-friendly estates, modern housing stock and strong road connectivity rather than large single catalyst projects at this time.[1][5]

Cameron Park rental market trends

The rental market in Cameron Park has experienced moderate growth, with house rents increasing 8.3% over the past year to $780 per week. There has been no change in unit rents, as reflected by the median of $0. The suburb remains attractive for families seeking rental options in a growing residential area.

Suburbs near Cameron Park

Some popular suburbs near Cameron Park include:

How does Cameron Park compare to nearby suburbs?

  • Median house prices: Cameron Park’s median house price is 17.6% higher than Edgeworth’s.
  • House price growth: Over the past 12 months, house prices in Cameron Park have grown 2.9% higher than in Holmesville.
  • Selling speed for houses: Properties in Cameron Park are selling 10.5% faster than in West Wallsend.

Common questions about Cameron Park

  • Is Cameron Park a nice place to live?

    Cameron Park is a delightful suburb that offers a fantastic blend of modern living and natural beauty, making it a wonderful place to call home. With its charming family-friendly atmosphere, Cameron Park is particularly appealing to families and professionals who appreciate a peaceful yet vibrant community. The suburb is known for its modern housing developments, which are complemented by lush green spaces, providing residents with a serene environment to enjoy. The community vibe is welcoming and supportive, fostering a strong sense of belonging among its residents.

    One of the standout features of Cameron Park is its proximity to essential amenities. The suburb is well-serviced by shopping centres, schools, and recreational facilities, ensuring that families have everything they need within easy reach. Additionally, the nearby Cameron Park Plaza and Stockland Glendale shopping precincts offer a variety of retail and dining options, enhancing the convenience of daily life. For those who commute, the suburb's strategic location near major transport routes, such as the M1 Pacific Motorway, provides easy access to Newcastle and Sydney, making it an ideal choice for those working in these urban centres.

    Safety is generally not a major concern in Cameron Park, contributing to its appeal as a family-oriented suburb. The abundance of parks, playgrounds, and walking trails offers plenty of opportunities for outdoor activities, making it a great place for families to enjoy quality time together. However, it's worth noting that while the suburb is rapidly growing, there are currently no major new infrastructure projects planned, which means that property performance is driven by its existing amenities and connectivity rather than new developments.

    For families, Cameron Park offers a comfortable and stable environment with excellent schools and healthcare services nearby. While the suburb may lack the bustling nightlife of inner-city areas, it more than makes up for it with its peaceful ambiance and strong community spirit. Ultimately, Cameron Park is a fantastic choice for those seeking a balanced lifestyle with the convenience of suburban living and easy access to urban amenities.

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  • Is it expensive to live in Cameron Park?

    Living in Cameron Park can be considered expensive, especially when you take into account the current property market. The median house price in Cameron Park is approximately $1,102,500, which is quite substantial. For those looking to rent, the average rent for houses is around $780 per week, which is also on the higher side compared to other areas.

    When you compare this to the average wage in New South Wales, which is about $75,000 per year, it becomes clear that a significant portion of one's income would need to be allocated towards housing costs in Cameron Park. The median total household income weekly in Cameron Park is $2,464, which is higher than the state average, suggesting that residents generally earn more to accommodate the higher living expenses.

    Overall, if you are thinking of living in Cameron Park, it's important to consider the financial commitment required, especially in terms of housing. While the suburb offers a pleasant living environment, the cost of living, particularly housing, is relatively high compared to the average earnings in the state.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Cameron Park a good place to invest?

    Cameron Park is shaping up to be a promising spot for property investment, especially if you're eyeing houses. Over the past year, the suburb has seen a solid 8.9% increase in median house values, which is a pretty decent growth rate. This suggests that there's a healthy demand for houses in the area, making it a potentially rewarding choice for investors looking for capital appreciation.

    On the rental side, Cameron Park has also shown a strong performance with an 8.3% increase in house rents over the last 12 months. This indicates a robust rental market, which is great news if you're considering buying a property to rent out. However, it's worth noting that units haven't experienced the same growth, with both median values and rents remaining flat. This might mean that the demand for units isn't as strong, so houses could be the better investment option here.

    Overall, Cameron Park offers a solid opportunity for those interested in investing in houses, with promising growth in both property values and rental income. While units haven't shown the same level of growth, the suburb's performance in the housing market makes it an attractive option for investors seeking steady returns.

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Choose the right real estate agents in Cameron Park

Choosing the right real estate agent in Cameron Park can have a big impact on your sale. While there are 61 real estate agents working in the suburb, but just 5 of them were responsible for 53.8% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.92% to 2.88%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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