Suburb Profile Report for Nelson Bay NSW (2315)

Nelson Bay House: Median price $540,000, Annual capital growth 2.77%, Number of sales 174, Weekly median advertised rent $420

Nelson Bay Unit: Median price $410,000, Annual capital growth 0.18%, Number of sales 210, Weekly median advertised rent $343

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Nelson Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.39%

Nelson Bay,2315 has offered an average of 9.39% return per annum in house price rises to property investors over the last three years.

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 Nelson Bay, 2315. Typically our figures indicate that -3.89% is being offered, which puts this NSW suburb at 3118th most discounted overall in Australia.

Often selling an investment property can take time, and in Nelson Bay the average time real estate has been on the market is 77.5 days.

Nelson Bay is 415th on a list of best yielding suburbs for rents in NSW with a 4.04% return

NSW has seen average median house prices change by 6.96% which means that Nelson Bay, 2315 has done well for property investors by showing a capital gain of 17.14% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Nelson Bay comes in at number 341th in NSW.

Nelson Bay, 2315 is offering NSW ‘s 144th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

Often selling an investment property can take time, and in Nelson Bay the average time real estate has been on the market is 83.71 days.

Metrics i HOUSE UNIT
$540,000 $410,000
2.86% 3.80%
9.39% 17.14%
2.77% 0.18%
$420 $343
174 210
4.04% 4.34%
77.5 83.71

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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