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Sales Activity
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Population
Bonnells Bay - Silverwater lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Bonnells Bay - Silverwater's population was approximately 10,155 as of November 2025, according to AreaSearch's analysis. This figure represents a rise of 464 people from the 2021 Census total of 9,691, indicating a 4.8% increase. The change is inferred from an estimated resident population of 10,140 in June 2024 and the addition of 32 validated new addresses since the Census date. This results in a population density ratio of 999 persons per square kilometer, which aligns with averages observed across locations assessed by AreaSearch. Over the past decade, Bonnells Bay - Silverwater exhibited resilient growth patterns with a compound annual growth rate of 1.6%, exceeding that of its SA4 region. Interstate migration contributed approximately 48.2% of overall population gains during recent periods, although all drivers including overseas migration and natural growth were positive factors.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch employs NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Future population trends forecast a significant increase in the top quartile of Australian non-metropolitan areas, with Bonnells Bay - Silverwater expected to grow by 4,029 persons to 2041 based on the latest annual ERP population numbers, reflecting an overall increase of 39.5% over the 17-year period.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Bonnells Bay - Silverwater when compared nationally
Bonnells Bay - Silverwater has recorded approximately 41 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25, around 209 homes were approved, with an additional 10 approved in FY-26 so far. On average, about 3.7 people moved to the area each year for every dwelling built during these five years.
This high demand relative to supply typically exerts upward pressure on prices and intensifies competition among buyers. The average expected construction cost of new homes is $517,000. In FY-26, commercial development approvals totalled $831,000, indicating the area's residential nature. Compared to the rest of NSW, Bonnells Bay - Silverwater has significantly less development activity, around 52.0% below the regional average per person.
This limited new construction often reinforces demand and pricing for existing properties. Recent construction primarily consists of detached dwellings (91.0%) with townhouses or apartments making up the remainder (9.0%), maintaining the area's suburban character focused on family homes. The population density is low, with approximately 342 people per approval. According to AreaSearch's latest quarterly estimate, Bonnells Bay - Silverwater is expected to grow by around 4,014 residents by 2041. At current development rates, housing supply may struggle to keep pace with population growth, potentially increasing buyer competition and supporting price increases.
Frequently Asked Questions - Development
Infrastructure
Bonnells Bay - Silverwater has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified six projects expected to influence the region. Notable initiatives include Trinity Point Mixed Use Development, Fishery Point Road and Morisset Park Road Intersection Upgrade, Alliance Avenue and Wyee Road Intersection Upgrade, and Morisset Place Strategy. The following list details those most relevant.
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Frequently Asked Questions - Infrastructure
Hunter-Central Coast Renewable Energy Zone
The Hunter-Central Coast Renewable Energy Zone (REZ) is a major infrastructure initiative designed to facilitate the transition to renewable energy in the Hunter and Central Coast regions. The project involves the construction of two new energy hubs (substations) at Sandy Creek (Muswellbrook) and Antiene (Singleton), upgrades to existing substations, and the augmentation of 85km of sub-transmission lines between Kurri Kurri and Muswellbrook. This network infrastructure will provide 1GW of additional capacity by 2028, enabling the connection of large-scale wind, solar, and battery storage projects. EnergyCo NSW serves as the infrastructure planner, with Ausgrid appointed as the network operator. Early works and site establishment commenced in 2025 following planning approval, with full network capacity expected by mid-2028. The project is expected to catalyse over $3.9 billion in investment across the region.
Trinity Point Mixed Use Development
The Trinity Point Mixed Use Development is a transformative waterfront project on the shores of Lake Macquarie. The development, designed by Koichi Takada Architects, will feature a luxury hotel with 153 rooms, 160 waterfront apartments, two 300-seat restaurants, a wellness center, and a 188-berth marina. The project aims to be carbon neutral and is expected to inject over $588 million into the local economy.
Cedar Mill Lake Macquarie
A $600 million tourism and entertainment precinct featuring a 10,000-capacity indoor arena, 5,000-capacity outdoor amphitheatre, dining and retail precincts, aquatic play park, resort-style accommodation, and extensive public domain areas. The revised proposal was approved by the NSW Government in late 2024 and is moving toward financial close and early works in 2026.
High Speed Rail - Newcastle to Sydney (Stage 1)
The first stage of the proposed National High Speed Rail network aims to connect Newcastle to Sydney via the Central Coast, reducing travel time to approximately one hour with trains reaching speeds up to 320 km/h. The project is focused on the development phase, which includes design refinement, securing planning approvals, and corridor preservation. It is being advanced by the Australian Government's High Speed Rail Authority (HSRA). Stations are planned for Broadmeadow, Lake Macquarie, Central Coast, and Central Sydney. The long-term vision is a national network connecting Brisbane, Sydney, Canberra, and Melbourne.
Life & Home Bulky Goods Centre, Morisset
A large format bulky goods retail centre spanning 9 hectares, providing 30,000mý of gross lettable area, featuring national retailers such as Aldi, and specialty outlets, plus vital community services like a medical centre and childcare. The development is designed to fill a retail and service gap in the western Lake Macquarie region, and includes significant infrastructure upgrades, including road enhancements connecting to the M1.
Morisset Place Strategy
A long-term strategic plan by Lake Macquarie City Council to guide the future development and growth of Morisset as a regionally significant growth area. It includes a vision for the types, scale, and locations of development and services, supported by various studies (e.g., biodiversity, Aboriginal cultural heritage). A draft strategy is being prepared for public exhibition, which is expected to occur in 2026.
Bawarramalang, Morisset Community Hub
A community hub combining versatile and adaptable community facilities, a new library, and commercial offerings in 4600 square metres of activated space to energise a new town square in Morisset. The concept design will inform the project's business case.
MYHQ Morisset - Industrial Unit Development
A modern industrial strata unit complex developed by GWH, branded as MYHQ Morisset. It comprises 11 premium, high-clearance industrial units ranging from approximately 69mý to 333mý. The units include automatic roller doors, glazed shopfront entry, private amenities, and NBN connectivity. The complex is strategically located in the Morisset Business Park, offering easy access to the M1 Pacific Motorway. Construction was completed in June 2025.
Employment
Employment conditions in Bonnells Bay - Silverwater remain below the national average according to AreaSearch analysis
Bonnells Bay - Silverwater has a skilled workforce with essential services sectors well represented. The unemployment rate was 3.8% as of June 2025, with an estimated employment growth of 2.0% in the past year.
In this period, 4,826 residents were employed while the unemployment rate was 0.2% higher than Rest of NSW's rate of 3.7%. Workforce participation was broadly similar to Rest of NSW's 56.4%. Employment is concentrated in health care & social assistance, construction, and retail trade. The area has a particularly strong specialization in construction, with an employment share of 1.5 times the regional level.
Agriculture, forestry & fishing employs just 0.7% of local workers, below Rest of NSW's 5.3%. The predominantly residential area offers limited local employment opportunities as indicated by Census data. In the 12-month period ending June 2025, employment increased by 2.0%, while labour force grew by 2.5%, causing unemployment to rise by 0.5 percentage points. This contrasts with Rest of NSW where employment contracted by 0.1%, labour force grew by 0.3%, and unemployment rose by 0.4 percentage points. State-level data to Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. National unemployment was 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Bonnells Bay - Silverwater's employment mix, local employment is estimated to increase by 6.7% over five years and 14.0% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Bonnells Bay - Silverwater SA2's median income among taxpayers was $46,179 and average income was $59,372 in financial year 2022. These figures are lower than Rest of NSW's median income of $49,459 and average income of $62,998. By September 2025, estimated median income is approximately $52,002 and average income is $66,859, based on Wage Price Index growth of 12.61%. According to the 2021 Census, household, family, and personal incomes in Bonnells Bay - Silverwater rank modestly between the 30th and 35th percentiles. Income analysis shows that 33.1% of residents earn $1,500-$2,999 weekly, consistent with broader metropolitan trends at 29.9%. Housing affordability pressures are severe, with only 83.8% of income remaining after housing costs, ranking at the 35th percentile.
Frequently Asked Questions - Income
Housing
Bonnells Bay - Silverwater is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
The dwelling structure in Bonnells Bay - Silverwater, as per the latest Census, consisted of 96.1% houses and 3.9% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Non-Metro NSW's 86.7% houses and 13.2% other dwellings. Home ownership in Bonnells Bay - Silverwater stood at 40.6%, with mortgaged dwellings at 33.9% and rented ones at 25.5%. The median monthly mortgage repayment was $1,783, below Non-Metro NSW's average of $1,900. The median weekly rent figure was $400, compared to Non-Metro NSW's $380. Nationally, Bonnells Bay - Silverwater's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Bonnells Bay - Silverwater has a typical household mix, with a fairly typical median household size
Family households constitute 75.3% of all households, consisting of 27.5% couples with children, 32.6% couples without children, and 14.1% single parent families. Non-family households comprise the remaining 24.7%, with lone person households at 22.1% and group households making up 2.7%. The median household size is 2.5 people, which aligns with the Rest of NSW average.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Bonnells Bay - Silverwater fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's university qualification rate is 17.8%, significantly lower than the NSW average of 32.2%. Bachelor degrees are the most common at 12.0%, followed by postgraduate qualifications at 3.7% and graduate diplomas at 2.1%. Trade and technical skills are prevalent, with 44.7% of residents aged 15+ holding vocational credentials: advanced diplomas at 11.7% and certificates at 33.0%. Educational participation is high, with 25.7% of residents currently enrolled in formal education.
This includes 9.4% in primary education, 6.8% in secondary education, and 3.4% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The public transport analysis indicates that Bonnells Bay - Silverwater has 75 active transport stops in operation. These are served by a variety of bus routes, totalling 31 individual routes. The combined weekly passenger trips across all routes amount to 381.
Residential accessibility to these services is rated as good, with residents typically situated approximately 203 meters from the nearest transport stop. On average, service frequency stands at 54 trips per day across all routes, translating to roughly 5 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Bonnells Bay - Silverwater is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Bonnells Bay - Silverwater faces significant health challenges, with common conditions prevalent across both younger and older age groups. Private health cover stands at approximately 49% (around 4,986 people), lower than Rest of NSW's 51.5% and the national average of 55.3%. Arthritis and mental health issues are most common, affecting 10.5% and 10.2% respectively, while 59.9% report no medical ailments, slightly below Rest of NSW's 60.3%.
The area has a higher proportion of seniors aged 65 and over at 23.4% (2,378 people), compared to Rest of NSW's 21.9%. Despite this, health outcomes among seniors are notably better than the general population in terms of health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Bonnells Bay - Silverwater is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Bonnells Bay-Silverwater had a cultural diversity score below average, with 87.5% of its population born in Australia, 92.5% being citizens, and 95.6% speaking English only at home. Christianity was the predominant religion, comprising 54.5%, compared to 54.0% across Rest of NSW. The top three ancestry groups were English (32.5%), Australian (30.7%), and Scottish (8.3%).
Notably, Australian Aboriginal was overrepresented at 4.2% (vs regional 4.5%), Maltese at 0.5% (vs 0.4%), and Dutch at 1.3% (vs 1.1%).
Frequently Asked Questions - Diversity
Age
Bonnells Bay - Silverwater's median age exceeds the national pattern
Bonnells Bay-Silverwater's median age is 42 years, similar to Rest of NSW's average of 43 but considerably older than Australia's 38 years. The age profile shows that the 65-74 year-olds are particularly prominent at 13.1%, while the 45-54 group is smaller at 10.3% compared to Rest of NSW. Between 2021 and present, the 35-44 age group has grown from 10.7% to 12.1% of the population, and the 25-34 cohort has increased from 11.1% to 12.4%. Conversely, the 45-54 cohort has declined from 12.2% to 10.3%. By 2041, demographic forecasts indicate substantial changes with the 25-34 cohort showing the strongest projected growth of 51%, adding 642 residents to reach a total of 1,899.