Suburb Profile Report for Phegans Bay NSW (2256)

Phegans Bay House: Median price $734,750, Annual capital growth 13.15%, Number of sales 15, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 11.06% which means that Phegans Bay, 2256 has done well for property investors by showing a capital gain of 13.04% over the last year

If we look at median property appreciation over just the last three months, Phegans Bay has given property investors a paper return of 2.05%. This puts Suburb as 685 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Phegans Bay itself are offering an average vendor discount of -2.73% to real estate investors.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 13.15%, investors should hope to achieve an overall return of 3.18%

Metrics i HOUSE UNIT
$734,750 N/A
2.05% N/A
13.04% N/A
13.15% N/A
$450 N/A
15 N/A
3.18% N/A
70.9 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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