Suburb Profile Report for Fingal Bay NSW (2315)

Fingal Bay House: Median price $570,050, Annual capital growth 2.90%, Number of sales 40, Weekly median advertised rent $400

Fingal Bay Unit: Median price $424,000, Annual capital growth 3.11%, Number of sales 19, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Fingal Bay, 2315 has done well for property investors by showing a capital gain of 6.06% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fingal Bay has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Fingal Bay itself are offering an average vendor discount of -3.10% to real estate investors.

Over the last year, property investments in Fingal Bay, 2315 have given investors a capital gain of 7.48%. This compares averagely with the 6.59% for NSW as a whole.

A 28.00% growth in median value for property investors in Fingal Bay,2315 puts this suburb at number 67th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Fingal Bay is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 259th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Fingal Bay the average time real estate has been on the market is 61 days.

Situated 153.04km from the CBD, Fingal Bay is one of Port Stephens localities in the postcode 2315.

HOUSE UNIT
$570,050 $424,000
-3.99% 6.00%
6.06% 7.48%
2.90% 3.11%
$400 $360
40 19
3.65% 4.42%
66 61

Source: CoreLogic

DSR Score for property investment : Good (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
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