5 Essendene Gardens,
Mallabula NSW 2319

About Lemon Tree Passage - Tanilba Bay

With an average age of 47, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $350. The average family earns a weekly income of $1,381 with a typical household size of 2.4 and a 93.8% employment rate.

In Mallabula there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mallabula is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Mallabula leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mallabula the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Waratah Hexham Newcastle Beach Queens Wharf Crown Street Civic Honeysuckle Newcastle Interchange Hamilton Queens Wharf, Newcastle

General Points of Interest

Super Strike Tilligery RSL Sports Club Sand Dunes in Port Stephen Sandboarding Tours Tin City Nelson Bay Swimming and Wellness Academy Toboggan Hill Park Horizons Golf Course Mallabula Sports Complex Port Stephens

Population

(Country of Birth not stated 4%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Hunter River HS Tanilba Bay PS

• Karuah Public School

  Karuah, NSW, 2324 State K-6

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• Soldiers Point Public School

  Soldiers Point, NSW, 2317 State K-6

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• Salt Ash Public School

  Salt Ash, NSW, 2318 State K-6

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• St Michael's Primary School

  Nelson Bay, NSW, 2315 Independent K-6

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• Tomaree High School

  Salamander Bay, NSW, 2317 State 7-12

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• Bobs Farm Public School

  Bobs Farm, NSW, 2316 State K-6

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• Tomaree Public School

  Salamander Bay, NSW, 2317 State K-6

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• St Philip's Christian College - Port Stephens

  Salamander Bay, NSW, 2317 Independent K-12

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• Anna Bay Public School

  Anna Bay, NSW, 2316 State K-6

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• Tanilba Bay Public School

  Tanilba Bay, NSW, 2319 State K-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website