Dudley is a southern coastal suburb of Newcastle, 13 kilometres southwest of Newcastle’s central business district. Dudley is a sought-after area for its proximity to the beach, excellent schools and relaxed coastal, community feel. It abuts Glenrock State recreation Area which is popular with hikers and bike riders.
Dudley is approximately 5.5 square kilometres. It has 10 parks covering nearly 62% of total area. The population of Dudley in 2011 was 2,266 people. By 2016 the population was 2,424 showing a population growth of 7.0% in the area during that time. The predominant age group in Dudley is 40-49 years. Households in Dudley are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Dudley work in a professional occupation. In 2011, 81.9% of the homes in Dudley were owner-occupied compared with 83% in 2016.
Currently the median sales price of houses in the area is $1,387,500
Houses in Dudley rent out for an average of $650 PW with an annual rental yield of 3.0%.
Based on five years of sales, Dudley has seen a compound growth rate of 29.7% for houses.
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