EDITION 15
Ask An Agent: Fern Bay
Why Fern Bay is the Perfect Coastal Escape
ASK AN AGENT
with Mel Payne
Tucked between the Tasman Sea and the Hunter River, Fern Bay is a coastal haven that combines serene living with exceptional convenience. Renowned for its stunning beaches, lush bushland, and abundant outdoor activities, this charming suburb offers a lifestyle that seamlessly blends natural beauty with modern accessibility.
A Coastal Retreat
Fern Bay’s charm lies in its abundance of natural attractions and serene environment. Over half of the suburb’s 8.4 square kilometers is dedicated to parks and green spaces, making it a haven for nature lovers. Residents can enjoy surfing, fishing, bushwalking, and cycling, all while soaking in the peaceful atmosphere. Despite its retreat-like setting, Fern Bay is just a 20-minute drive from Newcastle’s CBD, offering easy access to shopping, dining, and cultural hubs.
A Growing Property Market
Fern Bay’s property market has seen steady growth in recent years, reflecting its increasing popularity. The median house price currently sits at $955,000, with an annual growth rate of 4.4%. Rental properties yield a healthy return of 3.97%, with a median rent of $700 per week. Between 2011 and 2016, the suburb’s population surged by 70%, showcasing its rising demand. With ongoing developments and its coastal appeal, Fern Bay is expected to maintain a stable and attractive market.
A Diverse Community
Fern Bay’s lifestyle appeals to a wide range of buyers, from retirees and professionals to families. The predominant age group, 60-69 years, highlights the suburb’s popularity among retirees, but its recreational amenities and proximity to Newcastle also draw families and professionals. With an average household size of 2.4 people and a median weekly income of $1,435, Fern Bay is home to a balanced and diverse community.
Exciting Developments on the Horizon
Fern Bay is on the cusp of transformation, with significant residential expansions and infrastructure projects underway. Developments between Nelson Bay Road and Stockton Beach on former military land are expected to enhance the suburb’s appeal, offering new housing options and amenities.
A major shopping center has also been approved for construction in nearby Fullerton Cove. This development will include a supermarket, liquor store, medical center, commercial spaces, and ample parking, providing residents with greater convenience and boosting the local economy.
Lifestyle Amenities and Coastal Appeal
Fern Bay’s family-friendly and lifestyle-oriented features are a major drawcard:
> Recreation: The suburb boasts parks, playgrounds, bushland, and cycleways, creating countless opportunities for outdoor activities like bushwalking, fishing, and golfing.
> Community Atmosphere: Fern Bay’s coastal charm fosters a tight-knit, welcoming community.
> Accessibility: While Fern Bay offers a tranquil lifestyle, it’s just minutes from Newcastle’s CBD, giving residents access to shopping centers, restaurants, and cultural venues.
A Lifestyle That Balances Nature and Modernity
With its coastal charm, strong sense of community, and promising developments, Fern Bay is an exceptional choice for families, retirees, and professionals alike. Its blend of natural beauty, recreational opportunities, and proximity to urban amenities ensures a balanced and fulfilling lifestyle. As the suburb continues to grow, Fern Bay’s appeal as a premier coastal destination will only strengthen.