Mandalong is a sparsely populated locality in New South Wales within the Lake Macquarie local government area (postcode 2264). The area has roughly 433 residents and a settled, mature resident base, with a median age of 47. Households earn a median income of $99K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Mandalong has a median house price of $1.4 million, which has risen by 3.7% year-on-year. The current median weekly rent is $660. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,383.
Public transport access includes 3 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,402 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.5%, which reads as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 14.1x is considered stretched. House prices have moved +3.7% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.