Suburb Profile Report for Shoal Bay NSW (2315)

Shoal Bay House: Median price $587,500, Annual capital growth 4.86%, Number of sales 37, Weekly median advertised rent $363

Shoal Bay Unit: Median price $445,000, Annual capital growth 2.67%, Number of sales 69, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Shoal Bay has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.90% to date .

If we look at median property appreciation over just the last three months, Shoal Bay has given property investors a paper return of 2.22%. This puts Suburb as 705 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Shoal Bay 2315 should be seeing an average reduction in asking price of around -2.65% . This means that Shoal Bay is holding prices well when compared to other suburbs in NSW.

Shoal Bay is 742th on a list of best yielding suburbs for rents in NSW with a 3.21% return

At number 83th in the list of Australian suburbs ordered by increase in median house value over the last year, Shoal Bay, 2315 is in the top 10% with a property value increase of 25.00% recorded in median house prices.

Across a shorter period, Shoal Bay, 2315 has seen a median price increase of 2.30% over the last quarter.

Sellers are offering property buyers an average discount of -2.69% to buyers in Shoal Bay at the moment, which is less than average for the rest of NSW.

Advertised rents are around the $320 mark per week – giving a return of 3.74% based on the median price in Suburb

Metrics i HOUSE UNIT
$587,500 $445,000
2.22% 2.30%
19.90% 25.00%
4.86% 2.67%
$363 $320
37 69
3.21% 3.74%
51.5 59.03

Source: CoreLogic

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