Macquarie Hills is a suburb of the City of Lake Macquarie, located 15 kilometres west of Newcastle’s central business district near the northern end of Lake Macquarie between the town centres of Cardiff and Warners Bay.
The population of Macquarie Hills in 2011 was 3,072 people. By 2016 the population was 3,305 showing a population growth of 7.6% in the area during that time. The predominant age group in Macquarie Hills is 0-9 years. Households in Macquarie Hills are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Macquarie Hills work in a professional occupation. In 2011, 85.6% of the homes in Macquarie Hills were owner-occupied compared with 86.1% in 2016.
Currently the median sales price of houses in the area is $786,000.
Houses in Macquarie Hills rent out for $600 PW with an annual rental yield of 4.1%.
Based on five years of sales, Macquarie Hills has seen a compound growth rate of 14.5% for houses.
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