Question 1

Is Chittaway Point a nice place to live?

Accepted Answer

Chittaway Point is a quiet lakeside suburb on a narrow peninsula of Tuggerah Lake with foreshore parks, reserves and a public boat ramp, so boating, fishing and paddling shape everyday life. The streets are mainly low-rise and residential, mixing older weatherboard homes with newer waterfront houses that take advantage of lake access. It attracts families and down-sizers after a relaxed, water-oriented lifestyle.

The community is small — 947 people with a median age of 44 — and dominated by couple families, which make up 80.5% of families. Most homes are owner-occupied (about 79.6%), and the typical household income is $1,793 a week. Everyday needs are met by nearby local shops and community facilities, while Wyong town centre and major road links are within easy reach. Local recreation and recent amenity work include Sunshine Reserve boat ramp, Chittaway Oval and a new play space at Chittaway Bay Lions Park, and council planning lists upgrades for the Chittaway Point Hall public toilet.

Question 2

Is it expensive to live in Chittaway Point?

Accepted Answer

If you're renting in Chittaway Point, house rents run to about $750 a week. Against a typical local household income of $1,793 a week as recorded at the last Census, that rent would take roughly 41.8% of income, which is a large share of a household's weekly earnings. For people weighing up renting, that rent-share is the key figure to consider; whether it feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Chittaway Point a good place to invest?

Accepted Answer

Over the past 12 months in Chittaway Point, median house values climbed 14.8% and house rents rose 11.9%. Both moves are strong by the usual bands, and on the houses side capital growth (the change in value) outpaced rental growth by a modest margin. If rental income is your focus, the 11.9% rise in house rents is the figure to watch; if capital gain matters more, the 14.8% increase in house values is the relevant number. Whether that balance suits your goals and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	14.8%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	$750	N/A
Change in rent Past 12 months	11.9%	N/A

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