Suburb Profile Report for Nelly Bay QLD (4819)

Nelly Bay House: Median price $300,000, Annual capital growth -0.66%, Number of sales 14, Weekly median advertised rent $340

Nelly Bay Unit: Median price $235,000, Annual capital growth 10.28%, Number of sales 25, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Nelly Bay, 4819 have given investors a capital gain of -7.69%. This compares very badly with the 2.22% for QLD as a whole.

Taking the average capital gain, or increase in median house value, Nelly Bay,4819 has racked up an average of -7.69% over the period. This ranks it number 3868th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nelly Bay, 4819. Typically our figures indicate that -9.63% is being offered, which puts this QLD suburb at 402th most discounted overall in Australia.

Often selling an investment property can take time, and in Nelly Bay the average time real estate has been on the market is 123 days.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

When looking at the potential capital gains offered to property investors over the last 3 years, Nelly Bay comes in at number 349th in QLD.

Nelly Bay, 4819’s gross rental yield is 7.19%

HOUSE UNIT
$300,000 $235,000
0.84% N/A
-7.69% N/A
-0.66% 10.28%
$340 $325
14 25
5.89% 7.19%
123 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 1054
Median household income ($/weekly) 864
Median age of persons 48
Median housing loan repayment ($/monthly) 1800
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 125 11.8
    35-44 years 129 12.2
    45-54 years 207 19.6
    55-64 years 189 17.9
    65-74 years 105 10.0
    Others 300 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 337 44.1
    Not Married 330 43.2
    Defacto Relationship 97 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 733 74.9
    Greece 10 1.0
    Papua New Guinea 53 5.4
    United Kingdom 96 9.8
    Other 27 2.8
    Others 59 6.0
    Country of Birth
    Census Count Percent(%)
    Christianity 539 56.9
    No Religion 366 38.6
    Buddhism 31 3.3
    Other Religious Groups 8 0.8
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 33 8.5
    $400-$599 57 14.6
    $600-$799 51 13.1
    $800-$999 49 12.6
    $1,000-$1,249 40 10.3
    Others 160 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 313 37.5
    Employed, worked full-time 272 32.6
    Employed, worked part-time 188 22.5
    Employed, away from work 31 3.7
    Unemployed, looking for work 30 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 76 15.4
    Professionals 79 16.0
    Technicians & trades workers 77 15.6
    Community & personal service workers 65 13.2
    Labourers 58 11.8
    Others 138 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.1
    Infants/Primary 91 46.4
    Secondary 55 28.1
    Technical or Further Educational Institution 11 5.6
    University or other Tertiary Institutions 26 13.3
    Others 3 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 793 83.8
    Flat, unit or apartment 126 13.3
    Semi-detached, row or terrace house, townhouse 13 1.4
    Caravan, cabin, houseboat 8 0.8
    House or flat attached to a shop, office 6 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 160 38.4
    Fully owned 147 35.3
    Being purchased 110 26.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals