Suburb Profile Report for Shoal Bay NSW (2315)

Shoal Bay House: Median price $560,000, Annual capital growth 3.40%, Number of sales 45, Weekly median advertised rent $360

Shoal Bay Unit: Median price $395,750, Annual capital growth 2.14%, Number of sales 61, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

Shoal Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Shoal Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 19.15%.

Shoal Bay,2315 was ranked 948 in Australia by increase in median property value over the quarter.

The most recent median price for Shoal Bay is $560000, with sellers offering an average of -2.66% off the asking price.

At number 1042 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 62.3 for properties listed there.

Renters in Suburb are facing rents around $4320 per annum or $360 every week.

Investment property in Shoal Bay has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.93%

When looking at the potential capital gains offered to property investors over the last 3 years, Shoal Bay comes in at number 308th in NSW.

Property buyers and investors in Shoal Bay 2315 should be seeing an average reduction in asking price of around -3.96% . This means that Shoal Bay is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Shoal Bay have been waiting around 68.31 days to sell a property.

Property investors should expect to get $315 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$560,000 $395,750
3.70% 9.93%
19.15% 2.93%
3.40% 2.14%
$360 $315
45 61
3.34% 4.14%
62.3 68.31

Source: CoreLogic

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