Suburb Profile Report for Kilaben Bay NSW (2283)

Kilaben Bay House: Median price $644,000, Annual capital growth 7.23%, Number of sales 34, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

Investment property in Kilaben Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.56%

The five-year average increase in median property values for Kilaben Bay,2283 has given property investors a potential capital gain of 29.84% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Kilaben Bay is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 349th in terms of most discounted suburbs in NSW

A $370 per week rent on the median house gives suburb investors a gross yield of circa 2.99%, without taking into account capital value appreciation, which has been averaging out at 7.23%.

HOUSE UNIT
$644,000 N/A
7.33% N/A
16.56% N/A
7.23% N/A
$370 N/A
34 N/A
2.99% N/A
94.38 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Balanced (H)
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Demographics
Total population 1338
Median household income ($/weekly) 1489
Median age of persons 45
Median housing loan repayment ($/monthly) 2019
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 170 12.7
    35-44 years 150 11.2
    45-54 years 200 14.9
    55-64 years 243 18.2
    65-74 years 139 10.4
    Others 436 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 599 58.4
    Not Married 353 34.4
    Defacto Relationship 74 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1101 85.9
    Japan 8 0.6
    Papua New Guinea 25 2.0
    United Kingdom 68 5.3
    Other 27 2.1
    Others 53 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1016 81.1
    No Religion 226 18.0
    Hinduism 7 0.6
    Buddhism 4 0.3
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 39 9.2
    $1,250-$1,499 38 9.0
    $1,500-$1,999 58 13.7
    $2,000-$2,499 43 10.1
    $3,000-$3,499 43 10.1
    Others 203 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 400 36.5
    Not in the labour force 394 35.9
    Employed, worked part-time 241 22.0
    Employed, away from work 42 3.8
    Unemployed, looking for work 19 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 94 13.8
    Professionals 154 22.6
    Technicians & trades workers 113 16.6
    Community & personal service workers 78 11.4
    Clerical & administrative workers 98 14.4
    Others 145 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 29 9.2
    Infants/Primary 113 35.9
    Secondary 74 23.5
    Technical or Further Educational Institution 26 8.3
    University or other Tertiary Institutions 63 20.0
    Others 10 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1240 96.7
    Semi-detached, row or terrace house, townhouse 34 2.7
    Flat, unit or apartment 8 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 208 43.9
    Being purchased 187 39.5
    Rented 79 16.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals