Suburb Profile Report for Bar Beach NSW (2300)

Bar Beach House: Median price $2,825,000, Annual capital growth 13.72%, Number of sales 13, Weekly median advertised rent N/A

Bar Beach Unit: Median price $390,000, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

The five-year average increase in median property values for Bar Beach,2300 has given property investors a potential capital gain of 101.79% across each of those five years.

Our latest figures would indicate that property sellers in Bar Beach are currently offering property investors an average price cut of -5.78% below the asking price at the moment.

Often selling an investment property can take time, and in Bar Beach the average time real estate has been on the market is 24.1 days.

The NSW suburb of Bar Beach, 2300 is in the Newcastle local government area.

Metrics i HOUSE UNIT
$2,825,000 $390,000
4.63% 7.59%
N/A N/A
13.72% N/A
N/A $430
13 15
N/A 5.73%
N/A 24.1

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 1124
Median household income ($/weekly) 1129
Median age of persons 36
Median housing loan repayment ($/monthly) 2500
Average household size 2
  • Census Count Percent(%)
    5-14 years 110 9.8
    25-34 years 221 19.7
    35-44 years 150 13.4
    45-54 years 190 16.9
    55-64 years 116 10.3
    Others 335 29.9
    Age Group
    Census Count Percent(%)
    Not Married 485 56.7
    Registered Married 294 34.3
    Defacto Relationship 77 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 892 86.7
    Papua New Guinea 14 1.4
    South Africa 11 1.1
    United Kingdom 29 2.8
    Other 29 2.8
    Others 54 5.2
    Country of Birth
    Census Count Percent(%)
    Christianity 678 67.9
    Islam 7 0.7
    Judaism 6 0.6
    Other Religious Groups 7 0.7
    No Religion 294 29.4
    Others 7 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 54 11.8
    $300-$399 50 10.9
    $1,500-$1,999 36 7.8
    $2,500-$2,999 43 9.4
    $4,000 or more 44 9.6
    Others 232 50.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 361 39.8
    Not in the labour force 299 33.0
    Employed, worked part-time 175 19.3
    Unemployed, looking for work 43 4.7
    Employed, away from work 29 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 78 13.8
    Professionals 212 37.5
    Technicians & trades workers 57 10.1
    Community & personal service workers 53 9.4
    Clerical & administrative workers 67 11.8
    Others 99 17.5
    Occupation
    Census Count Percent(%)
    Pre-school 9 3.2
    Infants/Primary 66 23.8
    Secondary 75 27.1
    Technical or Further Educational Institution 27 9.7
    University or other Tertiary Institutions 96 34.7
    Others 4 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 545 54.2
    Flat, unit or apartment 362 36.0
    Semi-detached, row or terrace house, townhouse 99 9.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 288 57.4
    Fully owned 119 23.7
    Being purchased 91 18.1
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
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