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Chain Valley Bay suburb profile

Chain Valley Bay is a serene suburb located on the Central Coast of New South Wales, nestled along the picturesque shores of Lake Macquarie. Known for its tranquil environment and natural beauty, it offers residents a peaceful lifestyle with ample opportunities for water-based activities such as boating and fishing. The suburb is characterized by its close-knit community, making it an ideal location for families and retirees seeking a relaxed pace of life. With its proximity to the lake and surrounding bushland, Chain Valley Bay provides a perfect blend of coastal and rural living while still being accessible to essential amenities and services.

Chain Valley Bay property market performance

Chain Valley Bay has seen a notable 20.5% increase in median house values over the past 12 months, despite no current median house prices being recorded. The suburb has had 3 house sales, with houses spending a median of 29 days on the market. There have been no unit sales or changes in unit values, reflecting a possibly non-existent unit market.

Rental demand for houses has shown strength, with average rents rising by 13.0% to $650, while no data is available for units. The data indicate that Chain Valley Bay's property market is focused on houses, with significant growth and demand noted over the past year.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
16.0%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
28N/A
Average rent
Past 12 months
$645N/A
Change in rent
Past 12 months
11.2%N/A

5 year median price trend for houses and units

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Chain Valley Bay demographics

Chain Valley Bay, located on the Central Coast of New South Wales, is a serene suburb known for its picturesque surroundings and tranquil lifestyle. With a population of 2,773, it offers a peaceful retreat from the hustle and bustle of city life. The median age of 63 indicates a mature community, with many residents likely enjoying retirement or a slower pace of life. This is reflected in the high percentage of couple families without children, which stands at 59.9%, suggesting that many households are either empty nesters or retirees.

The suburb's housing landscape is characterized by a significant proportion of properties owned outright, accounting for 66.7% of the total. This high rate of outright ownership underscores the stability and long-term residency of its inhabitants. In contrast, only 9.8% of properties are rented, indicating a strong preference for home ownership and a relatively low turnover of residents. The median total household income weekly is $866, which aligns with the demographic profile of retirees and those on fixed incomes.

Chain Valley Bay's community is predominantly composed of couple families, with 25.4% having children, and a smaller percentage of one-parent families at 13.3%. The suburb's appeal lies in its natural beauty, with easy access to Lake Macquarie and nearby beaches, making it an ideal location for those seeking a quiet, nature-oriented lifestyle. The area's charm is further enhanced by its close-knit community, where long-term residents contribute to a welcoming and supportive environment.

Suburbs near Chain Valley Bay

Some popular suburbs near Chain Valley Bay include:

How does Chain Valley Bay compare to nearby suburbs?

  • Median house prices: Chain Valley Bay’s median house price is 9.0% higher than Lake Munmorah’s.
  • House price growth: Over the past 12 months, house prices in Chain Valley Bay have grown 8.7% higher than in Lake Munmorah.
  • Selling speed for houses: Properties in Chain Valley Bay are selling 63.6% faster than in Crangan Bay.
  • Selling speed for units: Properties in nearby Lake Munmorah are selling 30.9% faster than in Chain Valley Bay.

Choose the right real estate agents in Chain Valley Bay

In Chain Valley Bay ,26 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 40.0% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.38% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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