Suburb Profile Report for Blue Bay NSW (2261)

Blue Bay House: Median price $888,000, Annual capital growth 9.49%, Number of sales 22, Weekly median advertised rent $450

Blue Bay Unit: Median price $600,000, Annual capital growth 4.69%, 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

Blue Bay is in the TOP 10% 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 25.96%.

Comparing Blue Bay,2261 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Blue Bay, 2261 is offering NSW ‘s 524th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 9.49%, investors should hope to achieve an overall return of 2.64%

With a capital gain of 31.43% for the last 12 months, Blue Bay, 2261 has performed for property investments than its average annual 4.69% property growth over the last 5 years.

Blue Bay,2261 was ranked 351 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Blue Bay should be aiming for at least -3.60% off the asking price, which is the average vendor discount being achieved at the moment.

Blue Bay is 486th on a list of best yielding suburbs for rents in NSW with a 3.42% return

HOUSE UNIT
$888,000 $600,000
13.85% 3.45%
25.96% 31.43%
9.49% 4.69%
$450 $395
22 16
2.64% 3.42%
125.81 80.84

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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