Suburb Profile Report for Fennell Bay NSW (2283)

Fennell Bay House: Median price $481,250, Annual capital growth 3.90%, Number of sales 24, Weekly median advertised rent $420

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Fennell Bay, 2283 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.41%

A 31.85% growth in median value for property investors in Fennell Bay,2283 puts this suburb at number 287th in terms of best performing suburbs in NSW

Sellers are offering property buyers an average discount of -8.64% to buyers in Fennell Bay at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.90%, investors should hope to achieve an overall return of 4.54%

Metrics i HOUSE UNIT
$481,250 N/A
1.32% N/A
-0.41% N/A
3.90% N/A
$420 N/A
24 N/A
4.54% N/A
67.7777777777778 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1473
Median household income ($/weekly) 939
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 174 11.8
    35-44 years 163 11.1
    45-54 years 186 12.6
    55-64 years 258 17.5
    65-74 years 168 11.4
    Others 525 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 575 50.0
    Not Married 480 41.8
    Defacto Relationship 94 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1285 90.0
    Greece 8 0.6
    Papua New Guinea 19 1.3
    United Kingdom 62 4.3
    Other 21 1.5
    Others 33 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1063 78.0
    No Religion 272 20.0
    Islam 17 1.2
    Buddhism 8 0.6
    Australian Aboriginal Traditional Religions 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 54 10.3
    $400-$599 75 14.3
    $600-$799 61 11.6
    $800-$999 45 8.6
    $1,500-$1,999 65 12.4
    Others 224 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 538 45.4
    Employed, worked full-time 336 28.4
    Employed, worked part-time 213 18.0
    Unemployed, looking for work 50 4.2
    Employed, away from work 47 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 99 16.6
    Technicians & trades workers 102 17.1
    Community & personal service workers 76 12.8
    Clerical & administrative workers 78 13.1
    Sales 61 10.2
    Others 180 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 23 7.4
    Infants/Primary 119 38.4
    Secondary 84 27.1
    Technical or Further Educational Institution 45 14.5
    University or other Tertiary Institutions 35 11.3
    Others 4 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1366 95.3
    Semi-detached, row or terrace house, townhouse 35 2.4
    Flat, unit or apartment 33 2.3
    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 245 42.3
    Being purchased 195 33.7
    Rented 136 23.5
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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