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Sales Activity
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Population
Population growth drivers in Swansea - Caves Beach are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Swansea - Caves Beach's population is approximately 13,156 as of August 2025. This represents an increase of 597 people since the 2021 Census, which recorded a population of 12,559. The change is inferred from ABS estimates showing an estimated resident population of 12,984 in June 2024 and 217 new addresses validated since the Census date. This results in a density ratio of 405 persons per square kilometer. Swansea - Caves Beach's growth of 4.8% since the 2021 census exceeded the SA3 area's 2.8%, indicating it as a growth leader in the region. Interstate migration contributed approximately 64.3% of overall population gains recently.
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, NSW State Government's SA2 level projections are used, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Based on projected demographic shifts, an above median population growth is expected for Australia's regional areas, with the area projected to expand by 2,622 persons to 2041, reflecting an increase of 18.6% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential approval activity sees Swansea - Caves Beach among the top 30% of areas assessed nationwide
Swansea - Caves Beach has recorded approximately 97 residential properties granted approval annually. Development approval data is produced by the ABS on a financial year basis. Between FY-21 and FY-25, there were 487 dwellings approved, with an additional 11 approvals so far in FY-26. Over these past five years, an average of 1.6 new residents per year arrived per new home.
This suggests a balance between supply and demand, contributing to stable market dynamics. The average expected construction cost value for new dwellings is $698,000, indicating a focus on the premium segment with upmarket properties. There have been $8.2 million in commercial approvals this financial year, suggesting limited commercial development focus compared to residential. Relative to Rest of NSW, Swansea - Caves Beach shows 86.0% higher building activity per person, offering buyers greater choice.
However, construction activity has eased recently. The recent construction comprises 90.0% detached houses and 10.0% medium and high-density housing, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. The location currently has approximately 180 people per dwelling approval, indicating a low density market. Population forecasts indicate Swansea - Caves Beach will gain 2,450 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Swansea - Caves Beach has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
AreaSearch has identified a total of 12 projects that could significantly impact the area, primarily through changes in local infrastructure, major developments, and planning initiatives. Notable projects include the Caves Beach Ambulance Station, Swansea Channel Permanent Dredging Solution, 42-44 Lake Road Residential Development, and South East Growth Area Plan. The following list details those projects likely to have the most relevance.
Professional plan users can use the search below to filter and access additional projects.
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Frequently Asked Questions - Infrastructure
Caves Beach Ambulance Station
A new purpose-built ambulance station to boost frontline emergency care and improve emergency response times across Lake Macquarie, servicing Caves Beach, Swansea, and surrounding communities including Nords Wharf, Catherine Hill Bay, Murray's Beach, and Cams Wharf. The site at Kayuga Close has been secured, and the project is proceeding with design development and planning approval. It is part of the NSW Government's $615.5 million NSW Ambulance Infrastructure Program.
Swansea Channel Permanent Dredging Solution
A permanent dredging solution for Swansea Channel, the entrance to Lake Macquarie, involving a Beaver 30 dredge vessel and sand transfer system to maintain safe navigation for vessels, with sand pumped to Blacksmiths Beach. The project includes upgrades to the Blacksmiths boat ramp and aims to address ongoing sand accumulation issues.
Swansea Channel Dredging and Sand Transfer System
Multi-stage program to maintain safe navigation in Swansea Channel and deliver a permanent dredge and sand transfer system. Stage 3 maintenance dredging occurred in mid-2025 focusing on the Dog Leg, while Council has awarded a $7.4m tender to supply a Beaver 30 dredge and associated sand transfer system. Installation is scheduled from late 2025 to mid-2026, with commissioning targeted for mid-2026. Transport for NSW will operate the system for at least five years, with dredged sand to nourish Blacksmiths Beach.
Pelican Foreshore Stabilisation Project
Comprehensive coastal erosion management project addressing foreshore stabilization at Pelican through rock groyne construction, sand nourishment, and protective structures. Part of Lake Macquarie's Coastal Management Program to protect emergency and recreational assets from ongoing erosion in the dynamic Lake Macquarie channel environment. The project includes multiple precincts with works to stabilize the foreshore, protect community infrastructure, and maintain public access to the waterfront.
Crangan Bay Residential Estate
A 623 lot masterplanned environmentally inspired residential estate on the Central Coast, surrounded by National Parks and enjoying nearly 1 km of lakefront reserve on Lake Macquarie. The estate offers large, easy-to-build fully serviced home sites with stages being released progressively. Stages 1 and 2 are complete and registered. Stage 3/4 is completed with registration in progress, and Stage 5 is currently selling off the plan with registration due late 2026. The estate includes a children's playground, community spaces, and a lakeside boardwalk/pathway. Project updates are as current as July 2025.
Rathmines Park Transformation
Comprehensive redevelopment of Rathmines Park into a regional recreation destination. Features a $2+ million transformation including Lake Macquarie's biggest skate park, new pump track, youth activity areas, upgraded playground equipment, new playground, learn-to-ride area, youth hub, sports facilities, walking trails, and waterfront amenities. Enhanced connection to Lake Macquarie foreshore with improved accessibility and parking.
Salts Bay Littoral Rainforest Protection and Enhancement Works
Rehabilitation of endangered littoral rainforest ecosystem at Swansea Heads through targeted weed control, erosion management, and revegetation. The project addressed invasion of transformer weeds, urbanization impacts including rubbish dumping, and track erosion from unauthorized public access. Works included planting over 1,000 native species, installation of fencing to formalize access points, and comprehensive bush regeneration to protect this rare coastal ecological community. The project was supported by the NSW Coast and Estuary Grant Program and involved collaboration with OzFish Unlimited, Landcare NSW, and Bahtabah Local Aboriginal Land Council. Supporting infrastructure improvements included sealing of Salts Bay Road and construction of a car park to improve controlled access while protecting the sensitive ecosystem.
Swansea Seawall Stabilisation
Stabilisation and repair of a 50-metre section of seawall at Belmont Street, Swansea, near Swansea Wharf. The seawall has been closed since 2021 due to instability caused by over-steepening of the underwater slope in Swansea Channel, with water velocity scouring beneath the wall creating a safety risk. The wall was found to be cracked and slumping during wharf and pontoon replacement work. Lake Macquarie City Council has submitted a budget proposal to the NSW Government for the estimated 8 million dollar repair project.
Employment
Employment performance in Swansea - Caves Beach has been broadly consistent with national averages
Swansea - Caves Beach has a skilled workforce with well-represented essential services sectors. The unemployment rate was 2.8% in June 2025, which is 0.9% below the Rest of NSW's rate of 3.7%.
Employment growth over the past year was estimated at 2.2%. As of June 2025, 6,023 residents were employed, with a workforce participation rate of 52.0%, slightly below the Rest of NSW's rate of 56.4%. The dominant employment sectors among residents include health care & social assistance, construction, and education & training. The area has a particular specialization in construction, employing 1.4 times the regional level, while agriculture, forestry & fishing employs only 0.4% of local workers, below Rest of NSW's 5.3%.
Analysis over the 12 months to June 2025 showed employment increased by 2.2%, but labour force grew by 2.5%, causing the unemployment rate to rise by 0.3 percentage points. In contrast, Rest of NSW experienced an employment decline of 0.1% and a labour force growth of 0.3%. State-level data to Sep-25 shows NSW employment contracted by 0.41%, losing 19,270 jobs, with the state unemployment rate at 4.3%. National employment forecasts from May 2025 project national employment expansion by 6.6% over five years and 13.7% over ten years. Applying these projections to Swansea - Caves Beach's employment mix suggests local growth of approximately 6.7%% over five years and 13.8% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Swansea - Caves Beach had a median taxpayer income of $49,401 and an average income of $67,231 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This was slightly above the national average, compared to Rest of NSW's median income of $49,459 and average income of $62,998. Based on Wage Price Index growth of 10.6% since financial year 2022, estimated incomes as of March 2025 would be approximately $54,638 (median) and $74,357 (average). In the 2021 Census, household, family, and personal incomes in Swansea - Caves Beach ranked modestly, between the 26th and 30th percentiles. The distribution data showed that the largest segment comprised 27.3% earning $1,500 - $2,999 weekly (3,591 residents), reflecting patterns seen in the surrounding region where 29.9% similarly occupied this range. Housing affordability pressures were severe, with only 83.4% of income remaining, ranking at the 29th percentile. The area's SEIFA income ranking placed it in the 5th decile.
Frequently Asked Questions - Income
Housing
Swansea - Caves Beach is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Dwelling structure in Swansea - Caves Beach, as per the latest Census, consisted of 79.9% houses and 20.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro NSW's 82.4% houses and 17.6% other dwellings. Home ownership in Swansea - Caves Beach stood at 45.5%, with mortgaged dwellings at 32.5% and rented ones at 22.0%. The median monthly mortgage repayment was $2,080, higher than Non-Metro NSW's average of $2,000. The median weekly rent was $360, compared to Non-Metro NSW's $370. Nationally, mortgage repayments in Swansea - Caves Beach were significantly higher at $2,080, while rents were lower at $360.
Frequently Asked Questions - Housing
Household Composition
Swansea - Caves Beach has a typical household mix, with a lower-than-average median household size
Family households constitute 72.0% of all households, including 26.6% couples with children, 32.2% couples without children, and 12.1% single parent families. Non-family households account for the remaining 28.0%, with lone person households at 26.1% and group households comprising 1.9% of the total. The median household size is 2.4 people, which is smaller than the Rest of NSW average of 2.5 people.
Frequently Asked Questions - Households
Local Schools & Education
Swansea - Caves Beach shows below-average educational performance compared to national benchmarks, though pockets of achievement exist
The area faces educational challenges, with university qualification rates at 19.3%, substantially below the NSW average of 32.2%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most common at 13.7%, followed by postgraduate qualifications at 3.4% and graduate diplomas at 2.2%. Trade and technical skills are prominent, with 42.1% of residents aged 15+ holding vocational credentials - advanced diplomas at 11.1% and certificates at 31.0%.
Educational participation is high, with 25.2% of residents currently enrolled in formal education, including 9.4% in primary education, 7.2% in secondary education, and 3.3% pursuing tertiary education. Swansea - Caves Beach's five schools have a combined enrollment reaching 1,606 students as of the latest data available. The area demonstrates typical Australian school conditions (ICSEA: 1001) with balanced educational opportunities. Education provision is balanced with four primary and one secondary school serving distinct age groups.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Swansea's public transport analysis shows 144 active stops operating in Caves Beach, all of which are bus routes. These routes are serviced by 25 individual routes, collectively providing 698 weekly passenger trips. The average distance residents live from the nearest stop is 190 meters, indicating excellent accessibility.
On average, there are 99 trips per day across all routes, equating to approximately four weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Swansea - Caves Beach is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Swansea - Caves Beach faces substantial health challenges, as indicated by health data.
Both younger and older age groups show high prevalence of common health conditions. Approximately 53% (~7,025 people) have private health cover, a rate higher than the average. Arthritis and mental health issues are the most prevalent medical conditions, affecting 12.2 and 8.6% of residents respectively. However, 60.7% claim to be free from medical ailments, compared to 62.6% in Rest of NSW. The area has a higher proportion of seniors, with 27.7% (3,648 people) aged 65 and over, compared to 21.4% in Rest of NSW. Health outcomes among seniors are challenging, generally mirroring the overall population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Swansea - Caves Beach is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Swansea - Caves Beach showed low cultural diversity, with 88.5% born in Australia, 93.4% citizens, and 96.3% speaking English only at home. Christianity was the dominant religion at 55.1%, compared to 52.5% regionally. Top ancestries were English (33.1%), Australian (29.9%), and Irish (8.8%).
Welsh (1.0%) and Scottish (8.6%) were overrepresented, while Maltese (0.6%) was slightly higher than regional levels (0.3%).
Frequently Asked Questions - Diversity
Age
Swansea - Caves Beach hosts an older demographic, ranking in the top quartile nationwide
Swansea - Caves Beach has a median age of 49, which is higher than both the Rest of NSW figure at 43 and Australia's national median age of 38. In comparison to the Rest of NSW average, the 65-74 age cohort is notably over-represented in Swansea - Caves Beach, making up 14.8% of the local population compared to the national figure of 9.4%. Conversely, those aged 25-34 are under-represented at 7.1%. Between January 2021 and present day, the proportion of people aged 15-24 has increased from 9.6% to 11.1%, while the 45-54 age group has decreased from 13.1% to 12.1%. By 2041, demographic projections indicate significant changes in Swansea - Caves Beach's age structure. The number of people aged 75-84 is expected to grow by 36%, increasing from 1,219 to 1,655 individuals. Meanwhile, the population in the 15-24 age range is projected to decrease.