Suburb Profile Report for Salamander Bay NSW (2317)

Salamander Bay House: Median price $565,000, Annual capital growth 3.42%, Number of sales 114, Weekly median advertised rent $420

Salamander Bay Unit: Median price $362,500, Annual capital growth 0.28%, Number of sales 43, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.28% which means that Salamander Bay, 2317 has done well for property investors by showing a capital gain of 1.80% over the last year

Salamander Bay,2317 has offered an average of 1.80% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Salamander Bay is giving property investors an average Vendor Discount of around -4.33%. This puts suburb at number 866th in NSW when ranking the most discounted suburbs.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.87%, without taking into account capital value appreciation, which has been averaging out at 3.42%.

With a capital gain of 8.21% for the last 12 months, Salamander Bay, 2317 has performed for property investments than its average annual 0.28% property growth over the last 5 years.

Over the longer term, Salamander Bay has seen property prices show investors a 28.09% return over the last 3 years. This is worse than over the last 12 months

Salamander Bay2317 is located in NSW which offers an average discount of -4.41% to property investors. Salamander Bay itself is showing figures that indicate -5.75% is the average achievable by property buyers investing in the suburb.

Situated 143.41km from the CBD, Salamander Bay is one of Port Stephens localities in the postcode 2317.

Metrics i HOUSE UNIT
$565,000 $362,500
0.00% 5.84%
1.80% 8.21%
3.42% 0.28%
$420 $360
114 43
3.87% 5.16%
68.78 90.11

Source: CoreLogic

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