Suburb Profile Report for Sunshine Bay NSW (2536)

Sunshine Bay House: Median price $439,000, Annual capital growth 1.41%, Number of sales 34, Weekly median advertised rent $380

Sunshine Bay Unit: Median price $290,000, Annual capital growth 7.71%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Sunshine Bay has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.52% to date .

While Sunshine Bay,2536 ranked number 745th in NSW for increase in median house value (annualised) increase, it is ranked 1184th over the last 5 years.

At number 804th of NSW’s most discounted properties, Sunshine Bay is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Sunshine Bay the average time real estate has been on the market is 94.85 days.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

Over the last year, property investments in Sunshine Bay, 2536 have given investors a capital gain of 2.20%. This compares badly with the 6.07% for NSW as a whole.

Our latest figures would indicate that property sellers in Sunshine Bay are currently offering property investors an average price cut of -3.78% below the asking price at the moment.

Metrics i HOUSE UNIT
$439,000 $290,000
2.21% N/A
-3.52% 2.20%
1.41% 7.71%
$380 N/A
34 10
4.50% N/A
94.85 50.3

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1237
Median household income ($/weekly) 781
Median age of persons 51
Median housing loan repayment ($/monthly) 1360
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 155 12.5
    35-44 years 124 10.0
    45-54 years 135 10.9
    55-64 years 144 11.7
    65-74 years 271 21.9
    Others 407 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 519 55.9
    Not Married 331 35.6
    Defacto Relationship 79 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 985 83.2
    Greece 15 1.3
    New Zealand 9 0.8
    United Kingdom 100 8.4
    Other 17 1.4
    Others 58 4.9
    Country of Birth
    Census Count Percent(%)
    Christianity 892 79.5
    No Religion 221 19.7
    Other Religious Groups 6 0.5
    Buddhism 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 44 9.6
    $400-$599 87 19.0
    $600-$799 76 16.6
    $800-$999 61 13.3
    $1,000-$1,249 44 9.6
    Others 145 31.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 546 56.5
    Employed, worked full-time 192 19.9
    Employed, worked part-time 162 16.8
    Unemployed, looking for work 40 4.1
    Employed, away from work 26 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 55 14.5
    Technicians & trades workers 52 13.7
    Community & personal service workers 62 16.4
    Clerical & administrative workers 48 12.7
    Sales 69 18.2
    Others 93 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 21 8.2
    Infants/Primary 94 36.6
    Secondary 92 35.8
    Technical or Further Educational Institution 28 10.9
    University or other Tertiary Institutions 16 6.2
    Others 6 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 988 84.3
    Semi-detached, row or terrace house, townhouse 114 9.7
    Flat, unit or apartment 40 3.4
    Caravan, cabin, houseboat 27 2.3
    House or flat attached to a shop, office 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 246 51.0
    Rented 125 25.9
    Being purchased 111 23.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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