Suburb Profile Report for Fern Bay NSW (2295)

Fern Bay House: Median price $625,000, Annual capital growth 13.29%, Number of sales 47, Weekly median advertised rent $510

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

Source: CoreLogic

  • House Report

When looking at the potential capital gains offered to property investors over the last 3 years, Fern Bay comes in at number 899th in NSW.

Vendor discounting in Fern Bay is giving property investors an average Vendor Discount of around -5.29%. This puts suburb at number 579th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Fern Bay the average time real estate has been on the market is 104.53 days.

Metrics i HOUSE UNIT
$625,000 N/A
7.76% N/A
N/A N/A
13.29% N/A
$510 N/A
47 N/A
4.24% N/A
104.53 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1624
Median household income ($/weekly) 690
Median age of persons 54
Median housing loan repayment ($/monthly) 2200
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 162 10.0
    45-54 years 184 11.3
    55-64 years 268 16.5
    65-74 years 334 20.6
    75-84 years 163 10.0
    Others 513 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 694 54.6
    Not Married 470 37.0
    Defacto Relationship 107 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1341 88.6
    Papua New Guinea 21 1.4
    United Kingdom 81 5.4
    United States of America 12 0.8
    Other 18 1.2
    Others 40 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1223 81.5
    No Religion 265 17.7
    Buddhism 6 0.4
    Other Religious Groups 4 0.3
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 108 16.1
    $400-$599 140 20.9
    $600-$799 91 13.6
    $800-$999 56 8.4
    $1,500-$1,999 45 6.7
    Others 229 34.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 764 58.0
    Employed, worked full-time 329 25.0
    Employed, worked part-time 154 11.7
    Unemployed, looking for work 39 3.0
    Employed, away from work 32 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 74 14.4
    Professionals 92 17.9
    Technicians & trades workers 75 14.6
    Clerical & administrative workers 66 12.9
    Labourers 66 12.9
    Others 140 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 27 12.9
    Infants/Primary 83 39.7
    Secondary 43 20.6
    Technical or Further Educational Institution 22 10.5
    University or other Tertiary Institutions 30 14.4
    Others 4 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1539 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    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 476 66.8
    Being purchased 145 20.3
    Rented 89 12.5
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals