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Carey Bay

21.4 km south-west of Newcastle city centreCity of Lake Macquarie42 min to Blacksmiths Beach2 min to Lake Macquarienext to Arcadia Vale and Balcolyn

Small bay suburb on the western shore near Toronto. Sheltered waterfront, boat access, and genuine lakeside character. Very limited stock means rare sales but affordable when they come.

About Lake Macquarie

Lake Mac is where Newcastle people move when they want space, water, and a slower clock. The vibe is family-friendly, boat-friendly, retirement-friendly.

The Lake Macquarie market, suburb by suburb →

Lake Mac Vibes editorial assessment

Median House

$1.2M

Median Unit

—

YoY Growth

—

Vibe Score

50/100

Building approvals Licensed venues Late trading Contaminated land Recent sales

Basemap: OpenStreetMap via Protomaps Findings: council registers, NSW Liquor & Gaming, NSW contaminated land register

Common questions about Carey Bay

What is the median house price in Carey Bay?

The median house price in Carey Bay is $1.2M. Data: NSW Valuer General. For address-specific property intelligence, check any address on Lake Mac Vibes.

Is Carey Bay a good suburb?

Carey Bay. The median house is $1.2M and it scores 50/100 on our vibe index. Momentum reads steady and the price trajectory is stable. Every figure comes from public registers and is refreshed weekly. A suburb average is not an address, so check the specific street before you commit.

What's it like living in Carey Bay?

Small bay suburb on the western shore near Toronto. Sheltered waterfront, boat access, and genuine lakeside character. Very limited stock means rare sales but affordable when they come. See the full suburb profile for detailed local insights, or check a specific address to see what's happening within 500m.

Momentum: steady

Carey Bay currently reads steady, at low confidence, the pattern: small western shore bay suburb.

Development activity

Major projects and active development applications shaping this suburb

Multi Dwelling Housing (22 units)

20 Laycock Street · Amended Approval

Dwelling Alterations and Additions

1 Laycock Street · Unknown

Secondary Dwelling

2 Wyera Crescent · Unknown

Swimming Pool and Associated Safety Barriers

93 Excelsior Parade · Unknown

Change of use to recreation facility (indoor)

5/17 Laycock Street · Unknown

Data: Newcastle & Lake Macquarie Councils + NSW Planning Portal

Price trajectory

House prices here split rather than cluster. The middle half of sales ran $875k to $2.3M, across 15 sales in the 12 months to May 2026. A single median would land between the two groups, on a price almost nothing sold for.

This is a thin market. Fewer than 30 homes sold here in the past year, so the figure above moves a long way on a single unusual sale. Read it as a rough guide, not a firm price.

NSW Valuer General via nswpropertysalesdata.com Sales settled in the 12 months to May 2026