Suburb Profile Report for Blue Bay NSW (2261)

Blue Bay House: Median price $900,000, Annual capital growth 9.21%, Number of sales 22, Weekly median advertised rent $430

Blue Bay Unit: Median price $681,000, Annual capital growth 8.30%, Number of sales 18, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Blue Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Blue Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 20.00%.

The five-year average increase in median property values for Blue Bay,2261 has given property investors a potential capital gain of 78.12% across each of those five years.

Vendor discounting in Blue Bay is giving property investors an average Vendor Discount of around -13.02%. This puts suburb at number 15th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

Blue Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Blue Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 17.41%.

If we look at median property appreciation over just the last three months, Blue Bay has given property investors a paper return of -5.68%. This puts Suburb as 518 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Blue Bay is $681000, with sellers offering an average of -7.47% off the asking price.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 8.30%, investors should hope to achieve an overall return of 2.83%

Metrics i HOUSE UNIT
$900,000 $681,000
-7.93% -5.68%
20.00% 17.41%
9.21% 8.30%
$430 $370
22 18
2.48% 2.83%
92.55 43.91

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1025
Median household income ($/weekly) 837
Median age of persons 43
Median housing loan repayment ($/monthly) 1473
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 118 11.5
    25-34 years 109 10.6
    35-44 years 123 12.0
    45-54 years 122 11.9
    55-64 years 176 17.2
    Others 377 36.8
    Age Group
    Census Count Percent(%)
    Not Married 356 47.3
    Registered Married 334 44.4
    Defacto Relationship 63 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 830 87.9
    Greece 6 0.6
    Papua New Guinea 11 1.2
    United Kingdom 46 4.9
    Other 16 1.7
    Others 35 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 5 0.5
    Christianity 759 82.5
    Islam 5 0.5
    Judaism 5 0.5
    No Religion 142 15.4
    Others 4 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 42 11.1
    $400-$599 57 15.1
    $600-$799 55 14.6
    $800-$999 42 11.1
    $1,500-$1,999 38 10.1
    Others 143 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 348 43.4
    Employed, worked full-time 242 30.2
    Employed, worked part-time 152 19.0
    Unemployed, looking for work 43 5.4
    Employed, away from work 16 2.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 63 15.5
    Technicians & trades workers 56 13.8
    Community & personal service workers 55 13.5
    Clerical & administrative workers 62 15.2
    Sales 62 15.2
    Others 109 26.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 73 39.9
    Secondary 46 25.1
    University or other Tertiary Institutions 27 14.8
    Pre-school 19 10.4
    Technical or Further Educational Institution 18 9.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 537 57.8
    Semi-detached, row or terrace house, townhouse 207 22.3
    Flat, unit or apartment 178 19.2
    Caravan, cabin, houseboat 4 0.4
    House or flat attached to a shop, office 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 194 47.5
    Fully owned 144 35.3
    Being purchased 70 17.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals