Original sentence: At the 2006 census, 23.0% of homes in the northeast of the suburb were Housing Commission properties, compared to 2.8% in other parts of the suburb.Marks Point and nearby areas were until recently serviced by the nearby Belmont Airport (IATA Code - BEO) in the suburb's south, which has since been closed down for redevelopment.Marks Point is a suburb of the City of Lake Macquarie in New South Wales, Australia, located  from Newcastle's central business district and forming a small peninsula extending into the eastern side of Lake Macquarie.Marks Point is home to two marinas, a public school, a bowling club and an oval.The suburb is named after the Marks brothers, and is one of the oldest suburbs in the Lake Macquarie area
Edited sentence: It is composed of a small peninsula and surrounding areas of that peninsula that are situated on the shores of Lake Macquarie, Australia's largest salt water lake.It merges with the town of Belmont, New South Wales to the north-east, and Pelican to the south.Marks Point New South Wales, Australia is a suburb located within Lake Macquarie city.Marks Point, and the surrounding suburbs were until recently serviced by the nearby Belmont Airport (IATA Code - BEO), which has since been closed down for redevelopment.The north eastern dwellings of this suburb are housing commission low income dwellings, while the dwellings of the peninsula (point) are home to affluent high income families.The remainder of the suburb is a middle income haven, which is becoming very popular with those arriving from further abroad, specifically Sydney.The suburb is named after the Marks Brothers, and is one of the oldest suburbs in the Lake Macquarie area.There are many motels located here, as well as two marina's, a public school, a bowling club and an oval