Suburb Profile Report for Tanilba Bay NSW (2319)

Tanilba Bay House: Median price $430,000, Annual capital growth 5.85%, Number of sales 66, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

With a capital gain of 14.67% for the last 12 months, Tanilba Bay, 2319 has performed for property investments than its average annual 5.85% property growth over the last 5 years.

Across a shorter period, Tanilba Bay, 2319 has seen a median price increase of -1.43% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Tanilba Bay is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1005th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Tanilba Bay the average time real estate has been on the market is 84.03 days.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.85%, investors should hope to achieve an overall return of 4.60%

HOUSE UNIT
$430,000 N/A
-1.43% N/A
14.67% N/A
5.85% N/A
$380 N/A
66 N/A
4.60% N/A
84.03 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2920
Median household income ($/weekly) 828
Median age of persons 44
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 386 13.2
    35-44 years 317 10.9
    45-54 years 372 12.7
    55-64 years 427 14.6
    65-74 years 351 12.0
    Others 1068 36.6
    Age Group
    Census Count Percent(%)
    Registered Married 1111 52.3
    Not Married 818 38.5
    Defacto Relationship 195 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2472 88.3
    New Zealand 15 0.5
    Papua New Guinea 38 1.4
    United Kingdom 168 6.0
    Other 26 0.9
    Others 82 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 2116 77.8
    No Religion 577 21.2
    Buddhism 14 0.5
    Other Religious Groups 13 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 116 11.2
    $400-$599 186 18.0
    $600-$799 143 13.8
    $800-$999 97 9.4
    $1,500-$1,999 111 10.7
    Others 383 37.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1123 50.8
    Employed, worked full-time 618 28.0
    Employed, worked part-time 317 14.3
    Unemployed, looking for work 86 3.9
    Employed, away from work 66 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 119 11.9
    Technicians & trades workers 201 20.1
    Community & personal service workers 131 13.1
    Clerical & administrative workers 124 12.4
    Labourers 134 13.4
    Others 290 29.0
    Occupation
    Census Count Percent(%)
    Pre-school 75 11.8
    Infants/Primary 250 39.3
    Secondary 172 27.0
    Technical or Further Educational Institution 74 11.6
    University or other Tertiary Institutions 55 8.6
    Others 10 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2657 95.6
    Semi-detached, row or terrace house, townhouse 102 3.7
    Flat, unit or apartment 15 0.5
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 472 42.0
    Being purchased 336 29.9
    Rented 306 27.2
    Other tenure type 9 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals