Suburb Profile Report for Salamander Bay NSW (2317)

Salamander Bay House: Median price $580,000, Annual capital growth 3.45%, Number of sales 111, Weekly median advertised rent $425

Salamander Bay Unit: Median price $370,000, Annual capital growth 0.58%, Number of sales 42, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 4.98% for the last year, Salamander Bay, 2317 is the 2007th highest performer in Australia in this respect.

A 32.27% growth in median value for property investors in Salamander Bay,2317 puts this suburb at number 302th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Salamander Bay should be aiming for at least -4.79% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $425 weekly from the median priced house in this suburb.

Giving property investors a a stable capital gain of 7.64% for the last year, Salamander Bay, 2317 is the 525th highest performer in Australia in this respect.

The five-year average increase in median property values for Salamander Bay,2317 has given property investors a potential capital gain of 27.59% across each of those five years.

Sellers are offering property buyers an average discount of -5.32% to buyers in Salamander Bay at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.

Salamander Bay, 2317’s gross rental yield is 5.06%

Metrics i HOUSE UNIT
$580,000 $370,000
4.98% 7.95%
4.98% 7.64%
3.45% 0.58%
$425 $360
111 42
3.81% 5.06%
68.3 88.68

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Salamander Bay NSW
Demographics
Total population 4843
Median household income ($/weekly) 857
Median age of persons 50
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 557 11.5
    45-54 years 611 12.6
    55-64 years 622 12.8
    65-74 years 787 16.2
    75-84 years 535 11.0
    Others 1732 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 1922 53.9
    Not Married 1372 38.4
    Defacto Relationship 275 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3814 85.0
    Papua New Guinea 63 1.4
    United Kingdom 352 7.8
    United States of America 22 0.5
    Other 55 1.2
    Others 183 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 3500 80.5
    No Religion 812 18.7
    Buddhism 18 0.4
    Other Religious Groups 12 0.3
    Judaism 8 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 192 10.8
    $400-$599 321 18.1
    $600-$799 221 12.4
    $800-$999 204 11.5
    $1,500-$1,999 199 11.2
    Others 639 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1989 53.0
    Employed, worked full-time 929 24.8
    Employed, worked part-time 618 16.5
    Employed, away from work 122 3.3
    Unemployed, looking for work 94 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 12.4
    Professionals 232 13.9
    Technicians & trades workers 289 17.4
    Clerical & administrative workers 216 13.0
    Sales 226 13.6
    Others 495 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 80 9.0
    Infants/Primary 329 37.0
    Secondary 279 31.4
    Technical or Further Educational Institution 87 9.8
    University or other Tertiary Institutions 98 11.0
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3132 71.3
    Semi-detached, row or terrace house, townhouse 1038 23.6
    Flat, unit or apartment 163 3.7
    Caravan, cabin, houseboat 57 1.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 881 46.5
    Rented 555 29.3
    Being purchased 416 21.9
    Other tenure type 44 2.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals