Suburb Profile Report for Shoal Bay NSW (2315)

Shoal Bay House: Median price $530,000, Annual capital growth 2.62%, Number of sales 40, Weekly median advertised rent $350

Shoal Bay Unit: Median price $369,000, Annual capital growth 1.44%, Number of sales 57, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Shoal Bay, 2315 have given investors a capital gain of 15.85%. This compares very favourably with the 6.38% for NSW as a whole.

Shoal Bay,2315 was ranked 359 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Shoal Bay should be aiming for at least -4.63% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1053 in a list of fastest selling suburbs, Shoal Bay is in the TOP 30% of suburbs in Australia with an average of days on market 64.38 for properties listed there.

With the median price for a house in Shoal Bay being $530000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.43%

Shoal Bay has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.77% to date .

A 13.54% growth in median value for property investors in Shoal Bay,2315 puts this suburb at number 168th in terms of best performing suburbs in NSW

At number 334th of NSW’s most discounted properties, Shoal Bay is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Shoal Bay, 2315’s gross rental yield is 4.37%

HOUSE UNIT
$530,000 $369,000
7.18% 2.93%
15.85% -4.77%
2.62% 1.44%
$350 $310
40 57
3.43% 4.37%
64.38 73.32

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Shoal Bay NSW
Demographics
Total population 1837
Median household income ($/weekly) 683
Median age of persons 56
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    35-44 years 191 10.4
    45-54 years 188 10.2
    55-64 years 236 12.8
    65-74 years 282 15.4
    75-84 years 252 13.7
    Others 688 37.5
    Age Group
    Census Count Percent(%)
    Not Married 577 47.8
    Registered Married 536 44.4
    Defacto Relationship 93 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1272 83.6
    Greece 15 1.0
    Papua New Guinea 32 2.1
    United Kingdom 84 5.5
    Other 47 3.1
    Others 72 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.8
    Christianity 1122 75.7
    Hinduism 29 2.0
    Other Religious Groups 4 0.3
    No Religion 312 21.1
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 92 13.9
    $400-$599 144 21.7
    $600-$799 100 15.1
    $800-$999 64 9.7
    $1,000-$1,249 50 7.5
    Others 213 32.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 729 56.0
    Employed, worked full-time 244 18.7
    Employed, worked part-time 239 18.4
    Unemployed, looking for work 49 3.8
    Employed, away from work 41 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 77 14.6
    Technicians & trades workers 80 15.2
    Community & personal service workers 78 14.8
    Clerical & administrative workers 60 11.4
    Labourers 79 15.0
    Others 152 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 33 12.4
    Infants/Primary 98 36.8
    Secondary 73 27.4
    Technical or Further Educational Institution 30 11.3
    University or other Tertiary Institutions 26 9.8
    Others 6 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1108 75.9
    Semi-detached, row or terrace house, townhouse 180 12.3
    Flat, unit or apartment 168 11.5
    Caravan, cabin, houseboat 4 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 273 39.0
    Fully owned 254 36.3
    Being purchased 117 16.7
    Other tenure type 56 8.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals