Suburb Snapshot: Cardiff

Cardiff is a suburb in the Lake Macquarie LGA, located 17 kilometres west-southwest of Newcastle. In recent years it has become popular with first home buyers due to its train line, shops and amenities. It has two government primary schools, a Catholic primary school and a government high school.

Cardiff is approximately 5.2 square kilometres. The population of Cardiff in 2011 was 5,778 people. By 2016 the population was 5,824 showing a population growth of 0.8% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation. In 2011, 74% of the homes in Cardiff were owner-occupied compared with 71.4% in 2016. 

Currently the median sales price of houses in the area is $725,000.

Based on five years of sales, Cardiff has seen a compound growth rate of 16.4% for houses and 12.8% for units.

Contact Property Solutions 101. Discuss your Newcastle commercial and residential property management and buyer’s agent needs.

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