Suburb Profile Report for Shoal Bay NSW (2315)

Shoal Bay House: Median price $516,000, Annual capital growth 2.24%, Number of sales 39, Weekly median advertised rent $360

Shoal Bay Unit: Median price $369,000, Annual capital growth 2.15%, Number of sales 50, Weekly median advertised rent $303

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

Source: CoreLogic

  • House Report
  • Unit Report

Shoal Bay has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.79% to date .

Taking the average capital gain, or increase in median house value, Shoal Bay,2315 has racked up an average of 9.79% over the period. This ranks it number 1033th in the whole country for real estate investors looking at median house price increases.

At number 682th of NSW’s most discounted properties, Shoal Bay is in the middle of the state/territory when listing in order of most discounted to least.

In the last year 39 properties changed hands in Shoal Bay, which puts it as the 803th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Giving property investors a an unimpressive capital gain of -3.53% for the last year, Shoal Bay, 2315 is the 1330th highest performer in Australia in this respect.

While Shoal Bay,2315 ranked number 162th in NSW for increase in median house value (annualised) increase, it is ranked 414th over the last 5 years.

Our latest figures would indicate that property sellers in Shoal Bay are currently offering property investors an average price cut of -4.28% below the asking price at the moment.

On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.

HOUSE UNIT
$516,000 $369,000
5.31% 2.50%
9.79% -3.53%
2.24% 2.15%
$360 $303
39 50
3.63% 4.26%
66.4 76.64

Source: CoreLogic

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