Suburb Profile Report for Nelson Bay NSW (2315)

Nelson Bay House: Median price $580,000, Annual capital growth 3.78%, Number of sales 160, Weekly median advertised rent $440

Nelson Bay Unit: Median price $409,500, Annual capital growth 0.75%, Number of sales 171, Weekly median advertised rent $350

  • 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 13.73%

Nelson Bay,2315 was ranked 716 in Australia by increase in median property value over the quarter.

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 -3.75% is being offered, which puts this NSW suburb at 3129th most discounted overall in Australia.

Advertised rents are around the $440 mark per week – giving a return of 3.94% based on the median price in Suburb

Property investors who have had real estate in Nelson Bay, 2315 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.38%

Taking the average capital gain, or increase in median house value, Nelson Bay,2315 has racked up an average of 2.38% over the period. This ranks it number 790th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Nelson Bay 2315 should be seeing an average reduction in asking price of around -5.35% . This means that Nelson Bay is holding prices well when compared to other suburbs in NSW.

Nelson Bay is 167th on a list of best yielding suburbs for rents in NSW with a 4.44% return

Metrics i HOUSE UNIT
$580,000 $409,500
4.98% -0.12%
13.73% 2.38%
3.78% 0.75%
$440 $350
160 171
3.94% 4.44%
67.39 72.16

Source: CoreLogic

DSR Score for property investment : Good (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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