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Crangan Bay suburb profile

Crangan Bay is a picturesque suburb located on the Central Coast of New South Wales, offering a serene lifestyle amidst natural beauty. Nestled along the shores of Lake Macquarie, it provides residents with stunning water views and abundant recreational opportunities. The area is known for its tranquil atmosphere, making it an ideal retreat for those seeking peace and relaxation. With its proximity to national parks and nature reserves, Crangan Bay is perfect for outdoor enthusiasts. While maintaining a sense of seclusion, the suburb is still conveniently accessible to nearby towns and amenities, offering a balanced lifestyle.

Crangan Bay property market performance

Crangan Bay has experienced remarkable growth in the housing market over the past 12 months, with house values surging by 101.9%. Despite this growth, the current median house price is recorded at $0, likely reflecting a lack of sales data. No units were sold during this period, and the median unit price remains unchanged.

The housing market activity saw 10 houses sold, but the properties are staying on the market longer, with a median of 77 days. No units were on the market or sold, indicating limited activity in that segment.

Rental prices for houses in Crangan Bay have seen a modest increase of 0.6% over the last year, with an average rent of $875. Unit rentals remain inactive with no recorded changes or averages.

HousesUnits
Median price
Past 3 months
$1.25MN/A
Change in value
Past 12 months
90.2%N/A
Sold
Past 3 months
10N/A
Median days on market
Past 12 months
77N/A
Average rent
Past 12 months
$880N/A
Change in rent
Past 12 months
N/AN/A

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Crangan Bay demographics

Crangan Bay, located in the Central Coast region of New South Wales, is a unique and sparsely populated suburb with a population of just 3 residents. This small community is characterized by its serene environment and natural beauty, making it an ideal location for those seeking tranquility away from the hustle and bustle of urban life. The median age of 65 suggests that the area may appeal to retirees or those looking for a peaceful place to enjoy their later years.

With no recorded families or property ownership data, Crangan Bay presents itself as a largely undeveloped or private area, possibly consisting of large properties or estates. The absence of couple families, one-parent families, and other family types indicates that the suburb is not a typical residential area but rather a secluded spot that might be used for specific purposes such as conservation, private retreats, or exclusive residences.

The median total household income of $1125 per week reflects a modest economic profile, which could be indicative of the limited economic activities within the suburb. Crangan Bay's charm lies in its untouched landscapes and the potential for future development or conservation efforts. Its proximity to the larger Central Coast region offers access to amenities and services while maintaining a distinct sense of isolation and privacy.

Suburbs near Crangan Bay

Some popular suburbs near Crangan Bay include:

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