Suburb Profile Report for Blue Bay NSW (2261)

Blue Bay House: Median price $909,500, Annual capital growth 8.66%, Number of sales 19, Weekly median advertised rent $450

Blue Bay Unit: Median price $681,000, Annual capital growth 6.50%, Number of sales 16, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Blue Bay, 2261 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.27%

Taking the average capital gain, or increase in median house value, Blue Bay,2261 has racked up an average of 15.27% over the period. This ranks it number 1039th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Blue Bay is giving property investors an average Vendor Discount of around -6.62%. This puts suburb at number 235th in NSW when ranking the most discounted suburbs.

With the median price for a house in Blue Bay being $909500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.57%

Investment property in Blue Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.41%

While Blue Bay,2261 ranked number 536th in NSW for increase in median house value (annualised) increase, it is ranked 279th over the last 5 years.

The most recent median price for Blue Bay is $681000, with sellers offering an average of -7.47% off the asking price.

Advertised rents are around the $370 mark per week – giving a return of 2.83% based on the median price in Suburb

Metrics i HOUSE UNIT
$909,500 $681,000
-2.99% -10.75%
15.27% 17.41%
8.66% 6.50%
$450 $370
19 16
2.57% 2.83%
78.53 43.91

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1025
Median household income ($/weekly) 837
Median age of persons 43
Median housing loan repayment ($/monthly) 1473
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 118 11.5
    25-34 years 109 10.6
    35-44 years 123 12.0
    45-54 years 122 11.9
    55-64 years 176 17.2
    Others 377 36.8
    Age Group
    Census Count Percent(%)
    Not Married 356 47.3
    Registered Married 334 44.4
    Defacto Relationship 63 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 830 87.9
    Greece 6 0.6
    Papua New Guinea 11 1.2
    United Kingdom 46 4.9
    Other 16 1.7
    Others 35 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 5 0.5
    Christianity 759 82.5
    Islam 5 0.5
    Judaism 5 0.5
    No Religion 142 15.4
    Others 4 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 42 11.1
    $400-$599 57 15.1
    $600-$799 55 14.6
    $800-$999 42 11.1
    $1,500-$1,999 38 10.1
    Others 143 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 348 43.4
    Employed, worked full-time 242 30.2
    Employed, worked part-time 152 19.0
    Unemployed, looking for work 43 5.4
    Employed, away from work 16 2.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 63 15.5
    Technicians & trades workers 56 13.8
    Community & personal service workers 55 13.5
    Clerical & administrative workers 62 15.2
    Sales 62 15.2
    Others 109 26.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 73 39.9
    Secondary 46 25.1
    University or other Tertiary Institutions 27 14.8
    Pre-school 19 10.4
    Technical or Further Educational Institution 18 9.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 537 57.8
    Semi-detached, row or terrace house, townhouse 207 22.3
    Flat, unit or apartment 178 19.2
    Caravan, cabin, houseboat 4 0.4
    House or flat attached to a shop, office 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 194 47.5
    Fully owned 144 35.3
    Being purchased 70 17.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals