Suburb Profile Report for Fingal Bay NSW (2315)

Fingal Bay House: Median price $625,000, Annual capital growth 3.50%, Number of sales 36, Weekly median advertised rent $425

Fingal Bay Unit: Median price $435,000, Annual capital growth 3.38%, Number of sales 18, Weekly median advertised rent $363

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

Source: CoreLogic

  • House Report
  • Unit Report

Fingal Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Fingal Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 14.89%.

Taking the average capital gain, or increase in median house value, Fingal Bay,2315 has racked up an average of 14.89% over the period. This ranks it number 759th in the whole country for real estate investors looking at median house price increases.

Fingal Bay2315 is located in NSW which offers an average discount of -5.49% to property investors. Fingal Bay itself is showing figures that indicate -3.13% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $425 mark per week – giving a return of 3.54% based on the median price in Suburb

Property value increases in Fingal Bay have tracked just higher than the NSW average of 5.41% over the last 12 months.

Comparing Fingal Bay,2315 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Fingal Bay, 2315. Typically our figures indicate that -6.17% is being offered, which puts this NSW suburb at 433th most discounted overall in Australia.

With the median price for a house in Fingal Bay being $435000 and the advertised rent reaching $362.5 the gross rental yield for property investors calculates out to be 4.33%

HOUSE UNIT
$625,000 $435,000
9.64% 2.59%
14.89% 8.75%
3.50% 3.38%
$425 $363
36 18
3.54% 4.33%
70.31 102.71

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1502
Median household income ($/weekly) 805
Median age of persons 58
Median housing loan repayment ($/monthly) 1600
Average household size 2
  • Census Count Percent(%)
    5-14 years 116 7.7
    45-54 years 190 12.6
    55-64 years 244 16.2
    65-74 years 252 16.8
    75-84 years 203 13.5
    Others 499 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 582 54.3
    Not Married 419 39.1
    Defacto Relationship 71 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1109 86.3
    Netherlands 9 0.7
    Papua New Guinea 19 1.5
    United Kingdom 74 5.8
    Other 25 1.9
    Others 49 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1001 79.6
    No Religion 240 19.1
    Buddhism 7 0.6
    Other Religious Groups 7 0.6
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 8.6
    $400-$599 108 19.7
    $600-$799 85 15.5
    $800-$999 72 13.2
    $1,000-$1,249 51 9.3
    Others 184 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 643 56.0
    Employed, worked full-time 252 22.0
    Employed, worked part-time 185 16.1
    Unemployed, looking for work 35 3.0
    Employed, away from work 33 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 86 18.3
    Technicians & trades workers 87 18.5
    Community & personal service workers 70 14.9
    Clerical & administrative workers 56 11.9
    Sales 58 12.3
    Others 113 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 18 9.6
    Infants/Primary 58 30.9
    Secondary 70 37.2
    Technical or Further Educational Institution 20 10.6
    University or other Tertiary Institutions 18 9.6
    Others 4 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 748 59.1
    Semi-detached, row or terrace house, townhouse 346 27.4
    Flat, unit or apartment 146 11.5
    House or flat attached to a shop, office 17 1.3
    Caravan, cabin, houseboat 8 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 274 46.1
    Rented 189 31.8
    Being purchased 86 14.5
    Other tenure type 45 7.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals