Why is Cameron Park Now a Tenant Hot Spot?
Cameron Park, nestled in the Lake Macquarie region and only a short drive from Newcastle, has become one of the most sought-after suburbs for tenants and investors alike. Known for its family-friendly atmosphere, evolving infrastructure, and strong rental performance, this suburb has earned its reputation as a rising star in the local property market.
The Numbers Speak Volumes
Recent CoreLogic data shows that Cameron Park's median house value now sits at $969,442, while units are averaging $657,332. Rental prices have seen a substantial increase over the past two years:
- Median house rent: $740 (March 2025) vs $650 (March 2023)
- Median unit rent: $690 (March 2025) vs $630 (March 2023)
This upward trend signals not only increasing demand but also excellent yield potential, with houses currently offering around a 4.2% rental yield based on data from Real Estate Australia.
The suburb's rental activity is thriving, with:
- 540 active renters
- 237 properties leased in the past 12 months
- Average days on market: just 15 days
- 145 house sales in the last year
- 3.7% growth in median house prices over 12 months
(this information is sources from Real Estate Australia June 2025)
Neighbouring suburbs like Edgeworth (12 renters), Glendale (168 renters), West Wallsend (226 renters), and Fletcher (449 renters) also show strong activity
What Makes Cameron Park So Appealing?
1. A True Community Hub
Cameron Park has cultivated a sense of community, making it ideal for families and long-term tenants. With local events, active Facebook groups, and friendly neighbourhoods, it's more than just a place to live — it’s a place to belong.
2. Green Spaces and Recreation
One of the suburb’s most notable advantages is its proximity to outdoor amenities. Residents enjoy Cameron Park Reserve, and the expansive Pasterfield Sports Complex — offering everything from netball courts and playgrounds to skate parks and fitness equipment.
3. Convenience Meets Comfort
The Cameron Park Plaza has transformed retail in the area, providing supermarkets, cafes, and services that cater to daily needs. Additionally, medical facilities and local sports clubs offer added value for families.
4. Quality Education
Schools such as Cameron Park Public School and nearby Edgeworth Heights Public School are highly regarded, offering quality education within easy reach.
5. Connectivity and Location
With excellent links to major roads such as Link Road, and public transport options, Cameron Park is well connected to Newcastle, Lake Macquarie, and the Hunter Valley. This makes it a convenient option for professionals, families, and retirees alike.
6. Strong Investment Foundations
With rental yields holding steady and capital growth in positive territory, Cameron Park presents a compelling opportunity for investors seeking consistent returns and future capital appreciation. The fast lease-up time (15 days) and high tenant demand make it a standout suburb for savvy investors.
A Smart Move for First-Time Buyers and Investors
Cameron Park continues to offer relatively affordable housing options compared to neighbouring Newcastle suburbs, while still delivering capital growth and excellent rental returns. It’s especially appealing to:
- First-home buyers looking to settle down in a family-oriented area
- Interstate investors seeking better yields than metro markets
- Local investors capitalising on new developments and long-term demand
Cameron Park is not just trending — it’s delivering. With impressive growth, expanding infrastructure, and a high level of interest from renters, this suburb is firmly establishing itself as a high-performance pocket in the Lake Macquarie property landscape.
If you're searching for a trusted and experienced property management team to help maximise your investment, Century 21 Novocastrian can assist.
If you're seeking expert property management in Newcastle and Lake Macquarie, our dedicated team at Century 21 Newcastle is here to help you maximise your rental returns.