About Cooranbong
  • Cooranbong is a suburb in the City of Lake Macquarie in New South Wales, Australia, west of the town of Morisset off the Sydney-Newcastle Freeway. Cooranbong is surrounded by the Watalgan National Park.
  • Cooranbong ranks 24th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
  • The suburb’s capital gain of 9.58% for the past year is lower than average compared to its 48.65% growth within a five-year period.
  • Also in Cooranbong, the median home price is sitting at $577,500, this suggests property owners could potentially earn a 3.96% increase in gross rental yield.
  • Property investors have seen a 1.32% gain based on an increase in median home prices for the past three months.
  • A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.48% growth over a ten-year period.
  • Cooranbong lies to the west of Lake Macquarie on the Dora Creek. It is a town which, although is close to major tourist areas on the Central Coast, has largely side stepped commercial development and remained the home of the Seventh Day Adventists in Australia.
  • Economic activity generated by the Lake Macquarie economy is more than $19 billion. About 1.2 million tourists visit Lake Macquarie City each year, and over $1 billion worth of development applications were approved in the City in 2017-18.
  • The highlights of the area are the remarkably beautiful bushwalks and panoramas overlooking the coastline which can be experienced in the Watagans National Park to the west of the town , Bangalow Road and Gap Creek Waterfall , Sanitarium Health Food Factory , Great North Walk.

VIEW MORE PROPERTIES

Dual Key Brindabella Gen L-F4

Address : Lake Macquarie
Package Price : $728,000
Land Price : $310,000
Build Price : $418,000
Estimated Rental : $740 to $770
Land Size : 566 sq.m
SMSF : No

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Dual Key Barossa Carter

Address : Cessnock/Hunter
Package Price : $651,000
Land Price : $255,000
Build Price : $396,000
Estimated Rental : $750
Land Size : 684 sq.m
SMSF : No

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Dual Key - Regional QLD

Address : Warwick
Package Price : $507,504
Land Price : $115,000
Build Price : $392,504
Estimated Rental : $570 to $590
Land Size : 600 sq.m
SMSF : Yes

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Dual Key Newcastle / Hunter

Address : Farley
Package Price : $703,000
Land Price : $269,000
Build Price : $434,000
Estimated Rental : $760 to $830
Land Size : 602 sq.m
SMSF : No

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Real Estate Investment - a closer look

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Reliiance Properties & Investment Services works with you and for you - the investor. We assist you right from the first step of your journey into real estate investment. From selecting a property, to negotiating on your behalf, all the way to helping you with organizing finance - Reliiance Properties and Investment is with you at every step. Because we believe that as an investor, you deserve the best and personalised service at all times.

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