Suburb Profile Report for Oyster Bay NSW (2225)

Oyster Bay House: Median price $1,175,000, Annual capital growth 7.18%, Number of sales 80, Weekly median advertised rent $675

Oyster Bay Unit: Median price $812,500, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Oyster Bay, 2225 have given investors a capital gain of 6.33%. This compares averagely with the 7.15% for NSW as a whole.

Over the longer term, Oyster Bay has seen property prices show investors a 52.20% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -7.93% to buyers in Oyster Bay at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $675 and the average annual increase in value of a median property of 7.18%, investors should hope to achieve an overall return of 2.99%

Oyster Bay,2225 was ranked 624 in Australia by increase in median property value over the quarter.

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Sutherland Shire suburb Oyster Bay is one of those ‘middle range’ suburbs which is experiencing a pickup in capital growth.Full summary
Growth drivers: affordability, lifestyle,transport
Sutherland Shire suburb Oyster Bay is one of those ‘middle range’ suburbs which is experiencing a pickup in capital growth. Values grew by a significant 10% over the January quarter.
While the suburb is some distance from the CBD at 26km, it is within easy reach of the Como and Jannali rail stations, which offer direct trains to Central station and to Wollongong, and is sandwiched on the other side by the Princes Highway. It has a small shopping centre in the suburb, but is within easy reach of further amenities in Sylvania and Kareela. It’s situated on the Georges River, with a number of boat ramps. The suburb is also within easy reach of the reserves of the Sutherland Peninsula, the Royal National Park.
Residents are typically of working age, with average weekly income is significantly above the NSW average at $1,905pw (ABS). The suburb is dominated by separate houses. Median prices compare extremely well to other Shire waterside suburbs: exclusive Kangaroo Point’s median is well over $2m, and the median price in Sylvania Waters is $921,000.However, the rental market is very small at just 9% of the market – although vacancy rates are extremely tight at 1.3%. Capital growth potential is significant, though, with the suburb’s DSR score (see page ?? for further details) at 38 – indicating growth potential of more than 11% over the next 12 months.
Close
HOUSE UNIT
$1,175,000 $812,500
0.00% 1.25%
6.33% N/A
7.18% N/A
$675 N/A
80 11
2.99% N/A
53.55 N/A

Source: CoreLogic

DSR Score for property investment : Excellent (U), Very good (H)
Find a mortgage broker in Oyster Bay NSW
Demographics
Total population 5427
Median household income ($/weekly) 2176
Median age of persons 38
Median housing loan repayment ($/monthly) 2880
Average household size 3
  • Census Count Percent(%)
    5-14 years 824 15.2
    25-34 years 523 9.6
    35-44 years 878 16.2
    45-54 years 755 13.9
    55-64 years 659 12.1
    Others 1790 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 2414 61.5
    Not Married 1276 32.5
    Defacto Relationship 237 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4419 84.0
    Greece 36 0.7
    Papua New Guinea 76 1.4
    United Kingdom 267 5.1
    Other 112 2.1
    Others 352 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 0.8
    Christianity 3997 77.7
    Hinduism 14 0.3
    Islam 32 0.6
    No Religion 1044 20.3
    Others 17 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 158 10.1
    $2,000-$2,499 163 10.4
    $2,500-$2,999 227 14.5
    $3,000-$3,499 206 13.2
    $4,000 or more 144 9.2
    Others 664 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1732 42.8
    Not in the labour force 1152 28.4
    Employed, worked part-time 923 22.8
    Employed, away from work 147 3.6
    Unemployed, looking for work 97 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 446 15.9
    Professionals 777 27.7
    Technicians & trades workers 342 12.2
    Clerical & administrative workers 499 17.8
    Sales 252 9.0
    Others 488 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 167 11.4
    Infants/Primary 535 36.6
    Secondary 393 26.9
    Technical or Further Educational Institution 109 7.5
    University or other Tertiary Institutions 232 15.9
    Others 26 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5030 96.6
    Semi-detached, row or terrace house, townhouse 95 1.8
    Flat, unit or apartment 75 1.4
    House or flat attached to a shop, office 6 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 855 49.3
    Fully owned 692 39.9
    Rented 183 10.6
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals