EDITION 12

Newcastle Living

Local Insights:
Cardiff & Surrounds

Cardiff lies within the Lake Macquarie Local Government Area, and includes other suburbs like Glendale and Macquarie Hills.

Local Insights: Cardiff & surrounds

The area is home to some of Newcastle’s oldest suburbs, with Cardiff being established as a coal mining town in the late 19th century, transitioning over time from a primarily industrial area to a residential one.

The town centre of Cardiff is a busy commercial hub, and nearby Glendale is home to the Hunter Sports Centre and the Stockland Glendale Shopping Complex. Cardiff Train Station connects residents to the Central Coast and Sydney, with many commuting each day for work.

The area offers a number of parks, sports fields and recreational activities, as well as schools like Cardiff Public and Cardiff High. Lake Macquarie is also a short drive away, meaning many look to this area as a more affordable option to buy homes but still be within close reach of the lakeside lifestyle they desire.

Newer builds can be found within the Macquarie Hills area, a leafy suburb with its own shopping centre and childcare centres.

The highest average house sale in recent times was $982,500 in Garden Suburb, while units in the area can sell for around $600,000 or less. Homes in Argenton can expect to return on average around 4.18%, while apartments in Cardiff average 4.63% returns.

HIGHLIGHTS

Stockland Glendale Shopping Complex | Cardiff Shopping Centre | Hunter Sports Centre | Event Cinemas Glendale | Waratah Golf Club | Macquarie Hills Playground | Lake Macquarie BMX Club | Cardiff Train Station | Less than 10 mins drive to Lake Macquarie Esplanade | Less than 15 mins drive to Redhead Beach

HOUSES

Median House Price
Garden Suburb

$982,500

Best Return on Investment
Argenton = 4.18%
Cardiff South = 4.11%
Macquarie Hills = 4.00%

UNITS

Median Unit Price
Cardiff

$605,000

Best Return on Investment
Cardiff = 4.63%
Cardiff South = 4.53%
Argenton = 4.51%

Shaun Elms

Andrew Dinnen
Licensed Real Estate Agent and Auctioneer
Phone 0423 217 864