Suburb Profile Report for Malua Bay NSW (2536)

Malua Bay House: Median price $485,000, Annual capital growth 2.86%, Number of sales 70, Weekly median advertised rent $1,000

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

Source: CoreLogic

  • House Report
  • Expert Report

Giving property investors a a stable capital gain of 9.60% for the last year, Malua Bay, 2536 is the 1510th highest performer in Australia in this respect.

Malua Bay,2536 has offered an average of 9.60% return per annum in house price rises to property investors over the last three years.

At number 972th of NSW’s most discounted properties, Malua Bay is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Malua Bay have been waiting around 101.37 days to sell a property.

Malua Bay is 4th on a list of best yielding suburbs for rents in NSW with a 10.72% return

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The Bateman’s Bay suburb of Malua Bay saw its first significant growth spike in 1987, according to Residex figures. Malua Bay’s median rose by almost 5% during the final quarter of 1987 alone, and this level of growth continued right up until the early 90s, with the median more than tripling to reach $104,597 by December 1992.Full summary

The Bateman’s Bay suburb of Malua Bay saw its first significant growth spike in 1987, according to Residex figures. Malua Bay’s median rose by almost 5% during the final quarter of 1987 alone, and this level of growth continued right up until the early 90s, with the median more than tripling to reach $104,597 by December 1992.

The market then stays relatively flat, with Malua Bay’s median only increasing by $7,914 over the next 14 quarters. The September 1996 quarter however sees a 3.8% jump in median price, and this heralds a return to more consistent price increases right up until March 2004.

The following four years show some turbulence, but Malua Bay’s short spikes and long flats underlie a general positive growth trend. That is until the GFC tremors are felt, causing the median to topple by $18,491 between March 2008 and March 2009.

Just twelve months on however, Malua Bay’s median reached a new high of $423,025, and by September 2010 had reached $425,935. Raine & Horne Batemans Bay licensee Adam Porteous believes that the suburb’s excellent location is the key to its long-term success.

“Nearly every home will have an aspect to the water. Prices have continued to improve primarily because whenever anyone moves to the coast, they want to either see the water or be able to walk to the beach,” says Porteous.

Close
Metrics i HOUSE UNIT
$485,000 N/A
2.11% N/A
9.60% N/A
2.86% N/A
$1,000 N/A
70 N/A
10.72% N/A
101.37 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 1804
Median household income ($/weekly) 935
Median age of persons 47
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 217 12.0
    35-44 years 225 12.5
    45-54 years 257 14.3
    55-64 years 314 17.4
    65-74 years 262 14.5
    Others 528 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 802 60.1
    Not Married 410 30.7
    Defacto Relationship 122 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1438 83.8
    Egypt 21 1.2
    Papua New Guinea 35 2.0
    United Kingdom 107 6.2
    Other 34 2.0
    Others 81 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1240 75.3
    No Religion 389 23.6
    Other Religious Groups 8 0.5
    Buddhism 7 0.4
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 95 15.2
    $600-$799 81 13.0
    $800-$999 73 11.7
    $1,000-$1,249 78 12.5
    $1,500-$1,999 74 11.9
    Others 222 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 693 48.8
    Employed, worked full-time 360 25.4
    Employed, worked part-time 276 19.4
    Employed, away from work 49 3.5
    Unemployed, looking for work 42 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 112 16.3
    Technicians & trades workers 108 15.7
    Community & personal service workers 85 12.4
    Clerical & administrative workers 109 15.9
    Sales 89 13.0
    Others 183 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 29 8.1
    Infants/Primary 149 41.5
    Secondary 105 29.2
    Technical or Further Educational Institution 36 10.0
    University or other Tertiary Institutions 24 6.7
    Others 16 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1630 96.7
    Flat, unit or apartment 36 2.1
    Semi-detached, row or terrace house, townhouse 19 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 321 47.5
    Being purchased 197 29.1
    Rented 152 22.5
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals