Suburb Profile Report for Chittaway Bay NSW (2261)

Chittaway Bay House: Median price $523,444, Annual capital growth 5.01%, Number of sales 58, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

Investment property in Chittaway Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.20%

Across a shorter period, Chittaway Bay, 2261 has seen a median price increase of -0.77% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Chittaway Bay itself are offering an average vendor discount of -4.33% to real estate investors.

With the median price for a house in Chittaway Bay being $523444 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.77%

HOUSE UNIT
$523,444 N/A
-0.77% N/A
10.20% N/A
5.01% N/A
$480 N/A
58 N/A
4.77% N/A
44.04 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1900
Median household income ($/weekly) 1104
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 248 13.0
    25-34 years 204 10.7
    35-44 years 249 13.1
    45-54 years 299 15.7
    55-64 years 253 13.3
    Others 648 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 685 47.8
    Not Married 598 41.7
    Defacto Relationship 151 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1636 89.1
    Indonesia 14 0.8
    Papua New Guinea 33 1.8
    United Kingdom 100 5.4
    Other 20 1.1
    Others 34 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1415 79.6
    No Religion 326 18.3
    Buddhism 18 1.0
    Hinduism 13 0.7
    Islam 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 80 12.6
    $600-$799 60 9.5
    $1,000-$1,249 67 10.6
    $1,500-$1,999 91 14.4
    $2,000-$2,499 62 9.8
    Others 273 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 542 36.7
    Not in the labour force 542 36.7
    Employed, worked part-time 281 19.0
    Unemployed, looking for work 64 4.3
    Employed, away from work 47 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 122 14.0
    Technicians & trades workers 154 17.7
    Community & personal service workers 104 11.9
    Clerical & administrative workers 127 14.6
    Labourers 129 14.8
    Others 235 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 46 9.9
    Infants/Primary 154 33.3
    Secondary 148 32.0
    Technical or Further Educational Institution 49 10.6
    University or other Tertiary Institutions 55 11.9
    Others 11 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1804 98.2
    Semi-detached, row or terrace house, townhouse 30 1.6
    Flat, unit or apartment 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 268 39.1
    Fully owned 242 35.3
    Rented 173 25.2
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals