Suburb Profile Report for Phegans Bay NSW (2256)

Phegans Bay House: Median price $681,000, Annual capital growth 2.80%, Number of sales 12, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

At number 205th in the list of Australian suburbs ordered by increase in median house value over the last year, Phegans Bay, 2256 is in the top 10% with a property value increase of 21.61% recorded in median house prices.

A 38.98% growth in median value for property investors in Phegans Bay,2256 puts this suburb at number 285th in terms of best performing suburbs in NSW

Property buyers and investors in Phegans Bay 2256 should be seeing an average reduction in asking price of around -2.06% . This means that Phegans Bay is holding prices well when compared to other suburbs in NSW.

With the median price for a house in Phegans Bay being $681000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.44%

HOUSE UNIT
$681,000 N/A
4.77% N/A
21.61% N/A
2.80% N/A
$450 N/A
12 N/A
3.44% N/A
83.78 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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Demographics
Total population 442
Median household income ($/weekly) 1420
Median age of persons 38
Median housing loan repayment ($/monthly) 2300
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 34 7.7
    5-14 years 66 15.0
    35-44 years 76 17.2
    45-54 years 82 18.6
    55-64 years 53 12.0
    Others 130 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 142 48.1
    Not Married 113 38.3
    Defacto Relationship 40 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 338 83.5
    China 3 0.7
    Papua New Guinea 4 1.0
    United Kingdom 30 7.4
    Other 12 3.0
    Others 18 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 248 65.1
    No Religion 123 32.3
    Other Religious Groups 7 1.8
    Buddhism 3 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 11 8.4
    $1,250-$1,499 18 13.7
    $1,500-$1,999 19 14.5
    $2,000-$2,499 12 9.2
    $2,500-$2,999 16 12.2
    Others 55 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 133 42.5
    Not in the labour force 90 28.8
    Employed, worked part-time 67 21.4
    Unemployed, looking for work 15 4.8
    Employed, away from work 8 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 29 13.9
    Professionals 42 20.2
    Technicians & trades workers 23 11.1
    Clerical & administrative workers 36 17.3
    Sales 25 12.0
    Others 53 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 7 6.5
    Infants/Primary 38 35.5
    Secondary 28 26.2
    Technical or Further Educational Institution 14 13.1
    University or other Tertiary Institutions 16 15.0
    Others 4 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 395 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 63 45.0
    Fully owned 44 31.4
    Rented 33 23.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals