Suburb Profile Report for Salamander Bay NSW (2317)

Salamander Bay House: Median price $570,000, Annual capital growth 3.52%, Number of sales 111, Weekly median advertised rent $440

Salamander Bay Unit: Median price $362,000, Annual capital growth 1.92%, Number of sales 46, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report
  • Unit Report

Salamander Bay is an average performer in NSW when comparing median price capital growth over the last year. Salamander Bay gave property investors a good capital gain figure when compared to the rest of the state, with 10.68%.

Comparing Salamander Bay,2317 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Salamander Bay, 2317 is offering NSW ‘s 570th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Situated 150.47km from the CBD, Salamander Bay is one of Port Stephens localities in the postcode 2317.

Property value increases in Salamander Bay have tracked higher than the NSW average of 6.92% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Salamander Bay has increased when compared to the 5 year average annual rate.

At number 136th of NSW’s most discounted properties, Salamander Bay is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Salamander Bay have been waiting around 75.14 days to sell a property.

Using the current median advertised rental of $355 and the average annual increase in value of a median property of 1.92%, investors should hope to achieve an overall return of 5.10%

HOUSE UNIT
$570,000 $362,000
6.64% 3.21%
10.68% 14.74%
3.52% 1.92%
$440 $355
111 46
4.01% 5.10%
69.36 75.14

Source: CoreLogic

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