Suburb Profile Report for Nelson Bay NSW (2315)

Nelson Bay House: Median price $508,750, Annual capital growth 2.11%, Number of sales 151, Weekly median advertised rent $420

Nelson Bay Unit: Median price $390,000, Annual capital growth 0.18%, Number of sales 208, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 6.99% for the last year, Nelson Bay, 2315 is the 1549th highest performer in Australia in this respect.

The five-year average increase in median property values for Nelson Bay,2315 has given property investors a potential capital gain of 22.74% across each of those five years.

Our latest figures would indicate that property sellers in Nelson Bay are currently offering property investors an average price cut of -3.63% below the asking price at the moment.

Residents and property investors in Nelson Bay have been waiting around 82.32 days to sell a property.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Over the last year, property investments in Nelson Bay, 2315 have given investors a capital gain of 18.18%. This compares very favourably with the 5.41% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Nelson Bay,2315 has racked up an average of 18.18% over the period. This ranks it number 489th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Nelson Bay is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 295th in terms of most discounted suburbs in NSW

Property investors should expect to get $345 weekly from the median priced house in this suburb.

HOUSE UNIT
$508,750 $390,000
0.74% -2.50%
6.99% 18.18%
2.11% 0.18%
$420 $345
151 208
4.29% 4.60%
82.32 90.07

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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