Suburb Profile Report for Booker Bay NSW (2257)

Booker Bay House: Median price $740,000, Annual capital growth 6.57%, Number of sales 30, Weekly median advertised rent $390

Booker Bay Unit: Median price $506,000, Annual capital growth 3.60%, Number of sales 33, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Booker Bay, 2257 ranked 603th in NSW when comparing growth in median property values or capital gain over the last 12 months. Booker Bay is one of 3163 in our list for NSW

When looking at the potential capital gains offered to property investors over the last 3 years, Booker Bay comes in at number 338th in NSW.

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 Booker Bay itself are offering an average vendor discount of -4.79% to real estate investors.

At number 790 in a list of fastest selling suburbs, Booker Bay is in the TOP 30% of suburbs in Australia with an average of days on market 57.88 for properties listed there.

Property investors should expect to get $390 weekly from the median priced house in this suburb.

Over the last year, property investments in Booker Bay, 2257 have given investors a capital gain of 4.33%. This compares averagely with the 5.41% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Booker Bay has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -7.01% to buyers in Booker Bay at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 3.60%, investors should hope to achieve an overall return of 4.01%

HOUSE UNIT
$740,000 $506,000
1.02% 6.08%
8.03% 4.33%
6.57% 3.60%
$390 $390
30 33
2.74% 4.01%
57.88 90.45

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1135
Median household income ($/weekly) 788
Median age of persons 49
Median housing loan repayment ($/monthly) 1679
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 111 9.8
    45-54 years 137 12.1
    55-64 years 158 13.9
    65-74 years 195 17.2
    75-84 years 115 10.1
    Others 419 36.9
    Age Group
    Census Count Percent(%)
    Not Married 439 48.7
    Registered Married 378 41.9
    Defacto Relationship 85 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 924 86.9
    New Zealand 8 0.8
    Papua New Guinea 22 2.1
    United Kingdom 46 4.3
    Other 15 1.4
    Others 48 4.5
    Country of Birth
    Census Count Percent(%)
    Christianity 819 78.8
    No Religion 197 18.9
    Other Religious Groups 10 1.0
    Buddhism 7 0.7
    Judaism 7 0.7
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 58 12.6
    $400-$599 86 18.7
    $600-$799 51 11.1
    $800-$999 57 12.4
    $1,500-$1,999 41 8.9
    Others 167 36.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 502 53.3
    Employed, worked full-time 222 23.6
    Employed, worked part-time 137 14.6
    Employed, away from work 41 4.4
    Unemployed, looking for work 39 4.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 54 13.6
    Professionals 71 17.9
    Technicians & trades workers 55 13.9
    Clerical & administrative workers 68 17.2
    Sales 47 11.9
    Others 101 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 8.6
    Infants/Primary 55 31.6
    Secondary 62 35.6
    Technical or Further Educational Institution 16 9.2
    University or other Tertiary Institutions 23 13.2
    Others 3 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 666 62.0
    Flat, unit or apartment 244 22.7
    Semi-detached, row or terrace house, townhouse 152 14.1
    Caravan, cabin, houseboat 10 0.9
    House or flat attached to a shop, office 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 207 42.8
    Rented 191 39.5
    Being purchased 76 15.7
    Other tenure type 10 2.1
    Tenure Type
Census 2011, ABS
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