Suburb Profile Report for Blue Bay NSW (2261)

Blue Bay House: Median price $900,000, Annual capital growth 9.06%, Number of sales 20, Weekly median advertised rent $400

Blue Bay Unit: Median price $610,000, Annual capital growth 6.27%, Number of sales 16, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 20.00% for the last 12 months, Blue Bay, 2261 has performed for property investments than its average annual 9.06% property growth over the last 5 years.

A 60.71% growth in median value for property investors in Blue Bay,2261 puts this suburb at number 36th in terms of best performing suburbs in NSW

At number 340th of NSW’s most discounted properties, Blue Bay is in the bottom 30% of the state/territory when listing in order of most discounted to least.

In the last year 20 properties changed hands in Blue Bay, which puts it as the 1144th most active market in NSW when comparing the number of sales per suburb.

Blue Bay, 2261’s gross rental yield is 2.31%

NSW has seen average median house prices change by 5.88% which means that Blue Bay, 2261 has done well for property investors by showing a capital gain of 33.63% over the last year

If we look at median property appreciation over just the last three months, Blue Bay has given property investors a paper return of 5.17%. This puts Suburb as 88 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Blue Bay 2261 should be seeing an average reduction in asking price of around -2.85% . This means that Blue Bay is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$900,000 $610,000
14.07% 5.17%
20.00% 33.63%
9.06% 6.27%
$400 $395
20 16
2.31% 3.37%
116.76 82.07

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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