Suburb Profile Report for Chittaway Bay NSW (2261)

Chittaway Bay House: Median price $570,000, Annual capital growth 6.34%, Number of sales 55, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 11.06% which means that Chittaway Bay, 2261 has done well for property investors by showing a capital gain of 8.06% over the last year

Chittaway Bay,2261 was ranked 1156 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Chittaway Bay is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 935th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Chittaway Bay the average time real estate has been on the market is 45.15 days.

Advertised rents are around the $430 mark per week – giving a return of 3.92% based on the median price in Suburb

Metrics i HOUSE UNIT
$570,000 N/A
3.26% N/A
8.06% N/A
6.34% N/A
$430 N/A
55 N/A
3.92% N/A
45.15 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (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
Chart Table
Recent sales & rentals