Suburb Profile Report for Blue Bay NSW (2261)

Blue Bay House: Median price $915,000, Annual capital growth 8.04%, Number of sales 21, Weekly median advertised rent $400

Blue Bay Unit: Median price $681,000, Annual capital growth 6.03%, Number of sales 18, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 21.19% for the last 12 months, Blue Bay, 2261 has performed for property investments than its average annual 8.04% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Blue Bay comes in at number 293th in NSW.

Sellers are offering property buyers an average discount of -6.33% to buyers in Blue Bay at the moment, which is less than average for the rest of NSW.

In the last year 21 properties changed hands in Blue Bay, which puts it as the 1109th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Over the last year, property investments in Blue Bay, 2261 have given investors a capital gain of 49.18%. This compares very favourably with the 6.22% for NSW as a whole.

Over the longer term, Blue Bay has seen property prices show investors a 64.10% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.26% offered to property buyers. Sellers in Blue Bay itself are offering an average vendor discount of -2.88% to real estate investors.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Metrics i HOUSE UNIT
$915,000 $681,000
2.35% 4.69%
21.19% 49.18%
8.04% 6.03%
$400 $400
21 18
2.27% 3.05%
111.57 75.92

Source: CoreLogic

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