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Macquarie Hills suburb profile

Macquarie Hills is a picturesque suburb located in the Lake Macquarie region of New South Wales, offering a serene and family-friendly environment. Nestled between Cardiff and Warners Bay, it provides residents with easy access to both suburban amenities and the natural beauty of Lake Macquarie. The suburb is characterized by its leafy streets, modern homes, and a strong sense of community. With several parks and recreational areas nearby, Macquarie Hills is ideal for outdoor enthusiasts and families seeking a peaceful lifestyle. Its proximity to shopping centers, schools, and transport links enhances its appeal as a convenient and desirable place to live.

Macquarie Hills property market performance

Macquarie Hills has experienced a notable surge in its housing market over the past 12 months. House values have escalated by 14.6%, resulting in a current median house price of $1.075 million. The market for units remains inactive, with no changes in median value or sales reported.

Sales activity for houses has been moderate, with 12 transactions recorded over the last 12 months. Houses are selling swiftly, taking a median of just 17 days on the market, indicating strong buyer interest.

The rental market for houses in Macquarie Hills has seen a respectable increase, with average rents climbing by 6.4% to $750 over the past year. There is no rental activity in the unit sector, reflecting a focus on houses in the area.

HousesUnits
Median price
Past 3 months
$1.07MN/A
Change in value
Past 12 months
14.6%N/A
Sold
Past 3 months
12N/A
Median days on market
Past 12 months
17N/A
Average rent
Past 12 months
$750N/A
Change in rent
Past 12 months
6.4%N/A

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Macquarie Hills demographics

Macquarie Hills, located in the Lake Macquarie region of New South Wales, offers a serene suburban lifestyle with a strong sense of community. With a population of 3,605 and a median age of 35, the suburb is home to a mix of young families and established residents. The area is characterized by its family-friendly environment, with over half of the households being couple families with children, highlighting its appeal to those seeking a nurturing place to raise a family.

The suburb's housing market is predominantly owner-occupied, with a significant 57.5% of properties owned with a mortgage and 29.1% owned outright. This reflects a stable community with long-term residents who have invested in the area. The relatively low rental rate of 13.4% indicates a preference for home ownership, contributing to the suburb's stable and cohesive community atmosphere.

Macquarie Hills boasts a median total household income of $2,241 per week, suggesting a comfortable standard of living for its residents. The suburb's proximity to the amenities of Lake Macquarie and Newcastle, combined with its peaceful residential setting, makes it an attractive option for those seeking a balance between urban convenience and suburban tranquility. With its strong community ties and family-oriented lifestyle, Macquarie Hills is a desirable location for families and individuals looking for a welcoming and supportive environment.

Macquarie Hills infrastructure, key developments and investment opportunities

Macquarie Hills is a quiet residential suburb that benefits from proximity to established retail and employment hubs in nearby Cardiff, Glendale, Kotara and Charlestown, giving residents convenient access to major shopping centres and services within a short drive.[7] Access to Cardiff railway station and local bus routes enhances connectivity to Newcastle and surrounding areas, supporting commuter demand and underpinning the suburb’s appeal for families and workers.[7] The suburb’s planning mix, with a high share of environmental living and conservation zoning alongside low density residential areas, helps preserve green space and a low-rise character, which may support long-term desirability and limit high-density oversupply.[5]

Local amenities, including nearby schools, parks and community facilities in adjacent suburbs, add to Macquarie Hills’ family-friendly profile and contribute to stable buyer demand.[7] While there are no major new transport lines, hospital projects or large-scale commercial redevelopments announced specifically for Macquarie Hills, its location within the broader Lake Macquarie and Newcastle growth corridor means it is likely to continue benefiting indirectly from regional infrastructure upgrades and employment growth. At this stage, there are no significant suburb-specific infrastructure or planning changes reported that would materially alter the local property market in the short term.

Macquarie Hills rental market trends

The rental market in Macquarie Hills has experienced a modest increase, with house rents rising 6.4% over the past year to $750 per week. No change in unit rents reflects the current lack of availability in that segment. As a growing suburb, Macquarie Hills offers opportunities for residents seeking a lively community with suburban benefits.

Suburbs near Macquarie Hills

Some popular suburbs near Macquarie Hills include:

Common questions about Macquarie Hills

  • Is Macquarie Hills a nice place to live?

    Macquarie Hills is a delightful suburb that offers a serene and family-friendly atmosphere, making it a wonderful place to call home. Nestled in the Lake Macquarie region, it is known for its charming leafy streets and modern homes, providing a picturesque setting for residents. The suburb exudes a peaceful vibe, perfect for those who appreciate a tranquil lifestyle while still being close to essential amenities. Families will find Macquarie Hills particularly appealing, as it offers a nurturing environment with a strong sense of community and access to quality schools and parks.

    Living in Macquarie Hills means enjoying the best of both worlds: the natural beauty of Lake Macquarie and the convenience of nearby suburban amenities. The suburb's proximity to shopping centers and transport links ensures that residents have easy access to everything they need, from daily essentials to leisure activities. Safety is generally not a concern here, contributing to its appeal as a family-oriented suburb. The area is ideal for outdoor enthusiasts, with plenty of parks and recreational areas to explore, making it a great choice for those who love spending time in nature.

    However, there are a few trade-offs to consider when living in Macquarie Hills. While the suburb offers a peaceful residential setting, it lacks the bustling nightlife and cultural attractions found in more urban areas. Additionally, there are no major new transport lines or large-scale commercial developments planned specifically for the suburb, which may limit immediate growth opportunities. Despite these trade-offs, Macquarie Hills remains a desirable location for families and individuals seeking a supportive and welcoming community with a comfortable standard of living.

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  • Is it expensive to live in Macquarie Hills?

    Living in Macquarie Hills can be considered on the pricier side, especially when looking at the housing market. The current median house price is a hefty $1,075,000, which is significant compared to other areas. If you're thinking of renting, the average rent for houses is around $750 per week, which can also add up quickly.

    When we compare these figures to the average personal wage in Macquarie Hills, which is approximately $37,000 per year, it becomes clear that a large portion of income would need to be allocated towards housing costs. The median total household income weekly is $2,241, which is relatively high, but the cost of buying or renting a home still represents a substantial financial commitment.

    In comparison, the average wage in New South Wales is higher, making the cost of living in Macquarie Hills more challenging for those earning below the state average. While Macquarie Hills offers a pleasant living environment, the financial demands of residing here are significant, requiring careful budgeting and financial planning.

    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 Macquarie Hills a good place to invest?

    Macquarie Hills presents an intriguing opportunity for property investors, particularly those interested in houses. Over the past year, the suburb has experienced a significant 14.6% increase in median house values, indicating strong demand and potential for capital growth. This upward trend suggests that the area is becoming increasingly desirable, likely due to its appealing lifestyle and amenities.

    While the median unit values and rents have remained stable, the rise in house rents by 6.4% over the last year highlights a growing rental market. This could be attractive for investors seeking steady rental income alongside capital appreciation. The suburb's family-friendly environment and proximity to essential services make it a popular choice for renters, further supporting its investment potential.

    Overall, Macquarie Hills offers a promising investment landscape, particularly for those focusing on houses. The combination of rising property values and rental demand makes it a compelling option for investors looking to capitalize on both short-term gains and long-term growth. While units have not seen the same level of growth, the stability in their values and rents could appeal to those seeking a more conservative investment approach.

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