Suburb Profile Report for Empire Bay NSW (2257)

Empire Bay House: Median price $785,000, Annual capital growth 8.59%, Number of sales 40, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 33.62% for the last year, Empire Bay, 2257 is the 48th highest performer in Australia in this respect.

Across a shorter period, Empire Bay, 2257 has seen a median price increase of 22.66% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Empire Bay itself are offering an average vendor discount of -6.95% to real estate investors.

Empire Bay is 780th on a list of best yielding suburbs for rents in NSW with a 3.28% return

HOUSE UNIT
$785,000 N/A
22.66% N/A
33.62% N/A
8.59% N/A
$495 N/A
40 N/A
3.28% N/A
82.38 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2273
Median household income ($/weekly) 1133
Median age of persons 41
Median housing loan repayment ($/monthly) 2114
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 366 16.1
    35-44 years 318 14.0
    45-54 years 363 16.0
    55-64 years 308 13.5
    65-74 years 200 8.8
    Others 719 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 881 53.6
    Not Married 604 36.7
    Defacto Relationship 159 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1913 88.4
    Italy 14 0.6
    Papua New Guinea 37 1.7
    United Kingdom 116 5.4
    Other 22 1.0
    Others 62 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.5
    Christianity 1685 79.7
    Hinduism 11 0.5
    Other Religious Groups 5 0.2
    No Religion 400 18.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 10.8
    $600-$799 75 10.4
    $800-$999 77 10.7
    $1,000-$1,249 69 9.6
    $1,500-$1,999 93 12.9
    Others 330 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 619 36.5
    Not in the labour force 592 34.9
    Employed, worked part-time 341 20.1
    Unemployed, looking for work 72 4.2
    Employed, away from work 71 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 112 10.9
    Professionals 170 16.6
    Technicians & trades workers 186 18.1
    Community & personal service workers 122 11.9
    Clerical & administrative workers 160 15.6
    Others 277 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 39 6.6
    Infants/Primary 254 42.9
    Secondary 163 27.5
    Technical or Further Educational Institution 53 9.0
    University or other Tertiary Institutions 67 11.3
    Others 16 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1951 90.9
    Flat, unit or apartment 99 4.6
    Caravan, cabin, houseboat 69 3.2
    Semi-detached, row or terrace house, townhouse 25 1.2
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 336 42.1
    Fully owned 293 36.7
    Rented 165 20.7
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
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