Question 1

Is Fishing Point a nice place to live?

Accepted Answer

Fishing Point is a quiet lakeside suburb on the eastern shore of Lake Macquarie with a low-density, water-focused character. Streets are mainly residential, with a mix of older holiday cottages and newer waterfront homes that make the most of calm waters for boating and fishing. Foreshore reserves and sheltered bays suit birdwatching, kayaking and weekend picnics, while everyday shops and services are found in nearby towns. It suits people who want a peaceful, outdoorsy pace of life with ready access to the lake and surrounding regional centres.

The community of 1,105 has a median age of 51 and a median household income of $1,755 a week. Couples dominate family life, together accounting for 88.6% of families, and most homes are owner-occupied (86.2%) with renters at 13.8%. Local improvements include a newly opened playground at Alkrington Park with accessible pathways, play equipment and seating, and council plans list further park and play upgrades, a community garden and compliant bus infrastructure. The area is recorded as a low-density mooring area and moorings will not be extended beyond present limits.

Question 2

Is it expensive to live in Fishing Point?

Accepted Answer

House rents in Fishing Point run to $778 a week, which is about 44.3% of a typical local household's weekly income as recorded at the most recent Census. That is a large share of income, so renting a house here would use a substantial portion of what a typical local household earned at the most recent Census; whether that feels expensive depends 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 Fishing Point a good place to invest?

Accepted Answer

House values in Fishing Point rose 10.0% over the past 12 months, a strong rise in what a house is worth. Over the same period house rents edged down 1.5%, a slight decline, so the movement in prices was the stronger performer on the house side this year.

If rental income is your priority, the small fall in house rents is the figure to note; if you are focused on capital growth, the 10.0% increase in house values is the relevant number. Whether that balance suits your plans depends on your own goals and circumstances.

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	10.0%	N/A
Sold Past 3 months	9	N/A
Median days on market Past 12 months	56	N/A
Average rent Past 12 months	$778	N/A
Change in rent Past 12 months	-1.5%	N/A

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