Suburb Profile Report for Little Bay NSW (2036)

Little Bay House: Median price $1,780,000, Annual capital growth 9.59%, Number of sales 33, Weekly median advertised rent $1,050

Little Bay Unit: Median price $985,000, Annual capital growth 1.38%, Number of sales 79, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Little Bay, 2036 ranked 619th in NSW when comparing growth in median property values or capital gain over the last 12 months. Little Bay is one of 3163 in our list for NSW

While Little Bay,2036 ranked number 976th in NSW for increase in median house value (annualised) increase, it is ranked 239th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Little Bay itself are offering an average vendor discount of -6.02% to real estate investors.

At number 3678 in a list of fastest selling suburbs, Little Bay is in the bottom 10% of suburbs in Australia with an average of days on market 157.92 for properties listed there.

With the median price for a house in Little Bay being $1780000 and the advertised rent reaching $1050 the gross rental yield for property investors calculates out to be 3.07%

Little Bay, 2036 ranked 141th in NSW when comparing growth in median property values or capital gain over the last 12 months. Little Bay is one of 3163 in our list for NSW

Little Bay,2036 has offered an average of 10.80% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Little Bay, 2036. Typically our figures indicate that -4.72% is being offered, which puts this NSW suburb at 872th most discounted overall in Australia.

Residents and property investors in Little Bay have been waiting around 61.75 days to sell a property.

Using the current median advertised rental of $580 and the average annual increase in value of a median property of 1.38%, investors should hope to achieve an overall return of 3.06%

HOUSE UNIT
$1,780,000 $985,000
0.28% 0.00%
7.88% 10.80%
9.59% 1.38%
$1,050 $580
33 79
3.07% 3.06%
157.92 61.75

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2937
Median household income ($/weekly) 1613
Median age of persons 42
Median housing loan repayment ($/monthly) 2999
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 320 10.9
    25-34 years 332 11.3
    35-44 years 444 15.1
    45-54 years 400 13.6
    55-64 years 356 12.1
    Others 1087 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 1059 51.0
    Not Married 840 40.4
    Defacto Relationship 178 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1803 67.9
    Croatia 53 2.0
    Papua New Guinea 56 2.1
    United Kingdom 166 6.3
    Other 213 8.0
    Others 365 13.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.7
    Christianity 1957 73.5
    Islam 28 1.1
    Judaism 100 3.8
    No Religion 487 18.3
    Others 44 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 83 9.2
    $400-$599 82 9.1
    $1,500-$1,999 103 11.4
    $2,500-$2,999 114 12.6
    $4,000 or more 83 9.2
    Others 440 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 909 42.2
    Not in the labour force 764 35.5
    Employed, worked part-time 365 17.0
    Employed, away from work 77 3.6
    Unemployed, looking for work 37 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 240 17.8
    Professionals 353 26.2
    Technicians & trades workers 152 11.3
    Community & personal service workers 129 9.6
    Clerical & administrative workers 248 18.4
    Others 226 16.8
    Occupation
    Census Count Percent(%)
    Pre-school 56 9.5
    Infants/Primary 218 36.9
    Secondary 147 24.9
    Technical or Further Educational Institution 47 8.0
    University or other Tertiary Institutions 110 18.6
    Others 13 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1534 58.4
    Flat, unit or apartment 664 25.3
    Semi-detached, row or terrace house, townhouse 430 16.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 383 37.8
    Fully owned 302 29.8
    Being purchased 298 29.4
    Other tenure type 31 3.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals