Suburb Profile Report for Blue Bay NSW (2261)

Blue Bay House: Median price $755,000, Annual capital growth 8.37%, Number of sales 20, Weekly median advertised rent $495

Blue Bay Unit: Median price $580,000, Annual capital growth 5.10%, Number of sales 16, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Blue Bay, 2261 have given investors a capital gain of 7.09%. This compares averagely with the 7.15% for NSW as a whole.

Blue Bay,2261 was ranked 1903 in Australia by increase in median property value over the quarter.

Blue Bay, 2261 is offering NSW ‘s 1214th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.

At number 1757 in a list of fastest selling suburbs, Blue Bay is just in the top half of suburbs in Australia with an average of days on market 77.5 for properties listed there.

Blue Bay, 2261’s gross rental yield is 3.41%

Property investors who have had real estate in Blue Bay, 2261 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 27.26%

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Blue Bay itself are offering an average vendor discount of -4.42% to real estate investors.

Advertised rents are around the $400 mark per week – giving a return of 3.59% based on the median price in Suburb

HOUSE UNIT
$755,000 $580,000
0.67% 27.05%
7.09% 27.26%
8.37% 5.10%
$495 $400
20 16
3.41% 3.59%
77.5 88.07

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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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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