Question 1

Is Lakewood a nice place to live?

Accepted Answer

Lakewood is a quiet rural-residential locality on the Mid North Coast, set among rolling timbered hills and pockets of native bush. The area is made up of lifestyle blocks, small farms and low-density housing rather than conventional suburban streets, with a mix of older farmhouses, timber cottages and newer homes on larger parcels. Daily life centres on outdoor pursuits, space and privacy, and residents rely on local roads and private cars; coastal towns provide shopping, schools and health services within reach.

It is a small community of 1,249 with a median age of 58, and households are largely owner-occupied (82.7%), with family types dominated by couples, many without children. The Laurieton–Lakewood stage of the Schools to Schools Shared Pathway is in detailed design, with a concept for a 2.5-metre shared path along Ocean Drive and pedestrian refuge islands, though construction is currently unfunded and subject to approvals. Lakewood is also covered by the Camden Haven River and Lakes System Flood Study, which provides updated flood modelling and maps for the locality.

Question 2

Is it expensive to live in Lakewood?

Accepted Answer

Lakewood hasn't had enough recent sales or rentals to publish reliable house or unit price and rent figures, so there isn't a clear picture of how expensive it is to live there compared with local incomes. The household income figure is as recorded at the most recent Census, and by itself it doesn't allow an assessment of affordability against current housing costs.

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 Lakewood a good place to invest?

Accepted Answer

House values in Lakewood rose 3.0% over the past 12 months, a modest increase in the median price for houses. For someone weighing Lakewood up as an investment, that house value change is the capital-growth signal to consider when comparing property options.

There isn't enough recent data available here to report how rents or unit values changed over the same period.

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	3.0%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	35	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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