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Lake Macquarie is experiencing significant development, with ongoing residential, commercial, and infrastructure projects.
Population Growth
Lake Macquarie’s growing population is driving demand for new housing, infrastructure, and public services. More than 221,000 people live in Lake Macquarie, making the City the third largest in NSW by population. The population grew by 2628 in 2024 at a growth rate of 1.18%, with further expected growth of approximately 37,000 people by 2041, creating significant demand for new dwellings.
In the latest regional mover’s index, Lake Macquarie, came third in NSW with a 14.4% share of net internal migration. The growing population is driving the demand for new housing, infrastructure, and public services.
Driving Demand
As the population expands, the demand for housing, schools, healthcare facilities, and infrastructure also rises, fuelling the construction industry. Lake Macquarie’s well-established educational and vocational training network, including universities, TAFE colleges, and training centres consistently provide skilled workers.
Tourism and Lifestyle Appeal
Lake Macquarie’s natural beauty, lifestyle amenities, and outdoor recreational options attract both tourists and new residents. This growing appeal will drive demand for hospitality and lifestyle-related construction projects, such as hotels, resorts, and recreational facilities.
Population Growth Driving Demand for Infrastructure
As the population expands, the demand for housing, schools, healthcare facilities, and infrastructure also rises, fuelling the construction industry. This population growth enhances the region’s attractiveness for long-term investments in construction and property development.
Diverse Range of Opportunities
The construction industry in Lake Macquarie covers various sectors, including residential, commercial, industrial, and infrastructure developments. This diversity allows investors to select projects based on their preference, interests, and risk tolerance.
High Value Industries
Working alongside you and your team at each stage of your project
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Economic Impact of the Fernleigh Awabakal Shared Track in Lake Macquarie
Lake Macquarie Private Hospital
Lake Macquarie Airport
