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Caves Beach is a locality on the Swansea peninsula between Lake Macquarie and the Pacific Ocean in New South Wales, Australia. It is part of the City of Lake Macquarie local government area. The locality is named for the large number of caves on the nearby coastline. It has a surfing beach which is popular with the local surfers. It is highly popular for spearfishing, with the premier target species being the elusive red morwong.
Local businesses include a resort and a small shopping centre.
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