Suburb Profile Report for Nelson Bay NSW (2315)

Nelson Bay House: Median price $520,000, Annual capital growth 2.34%, Number of sales 165, Weekly median advertised rent $420

Nelson Bay Unit: Median price $405,000, Annual capital growth 0.24%, Number of sales 205, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1628th in the list of Australian suburbs ordered by increase in median house value over the last year, Nelson Bay, 2315 is in the top 40% with a property value increase of 7.05% recorded in median house prices.

A 24.40% growth in median value for property investors in Nelson Bay,2315 puts this suburb at number 707th in terms of best performing suburbs in NSW

Nelson Bay2315 is located in NSW which offers an average discount of -5.49% to property investors. Nelson Bay itself is showing figures that indicate -3.95% is the average achievable by property buyers investing in the suburb.

In the last year 165 properties changed hands in Nelson Bay, which puts it as the 99th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

Nelson Bay, 2315 ranked 57th in NSW when comparing growth in median property values or capital gain over the last 12 months. Nelson Bay is one of 3163 in our list for NSW

A 16.30% growth in median value for property investors in Nelson Bay,2315 puts this suburb at number 124th in terms of best performing suburbs in NSW

Vendor discounting in Nelson Bay is giving property investors an average Vendor Discount of around -3.90%. This puts suburb at number 273th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 17.08 sales per month, which equates to 205 per year.

Advertised rents are around the $340 mark per week – giving a return of 4.37% based on the median price in Suburb

Metrics i HOUSE UNIT
$520,000 $405,000
1.96% 3.85%
7.05% 19.29%
2.34% 0.24%
$420 $340
165 205
4.20% 4.37%
82.33 88.29

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 5396
Median household income ($/weekly) 930
Median age of persons 47
Median housing loan repayment ($/monthly) 1800
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 592 11.0
    35-44 years 622 11.5
    45-54 years 740 13.7
    55-64 years 863 16.0
    65-74 years 756 14.0
    Others 1824 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 1957 51.1
    Not Married 1522 39.8
    Defacto Relationship 349 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4211 84.0
    Greece 32 0.6
    Papua New Guinea 78 1.6
    United Kingdom 316 6.3
    Other 92 1.8
    Others 287 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.8
    Christianity 3691 75.8
    Islam 8 0.2
    Other Religious Groups 29 0.6
    No Religion 1095 22.5
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 289 14.9
    $600-$799 257 13.3
    $800-$999 204 10.5
    $1,000-$1,249 183 9.4
    $1,500-$1,999 198 10.2
    Others 807 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1844 43.8
    Employed, worked full-time 1243 29.5
    Employed, worked part-time 815 19.4
    Employed, away from work 154 3.7
    Unemployed, looking for work 153 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 296 13.4
    Professionals 374 16.9
    Technicians & trades workers 362 16.4
    Community & personal service workers 275 12.5
    Clerical & administrative workers 273 12.4
    Others 628 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 93 9.3
    Infants/Primary 386 38.4
    Secondary 277 27.6
    Technical or Further Educational Institution 106 10.6
    University or other Tertiary Institutions 107 10.7
    Others 35 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3252 68.3
    Semi-detached, row or terrace house, townhouse 903 19.0
    Flat, unit or apartment 578 12.1
    Caravan, cabin, houseboat 16 0.3
    House or flat attached to a shop, office 12 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 836 40.1
    Rented 768 36.8
    Being purchased 477 22.9
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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