Suburb Profile Report for Fingal Bay NSW (2315)

Fingal Bay House: Median price $685,000, Annual capital growth 5.16%, Number of sales 37, Weekly median advertised rent $443

Fingal Bay Unit: Median price $565,000, Annual capital growth 5.67%, Number of sales 10, Weekly median advertised rent $340

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Fingal Bay has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -18.21%

Taking the average capital gain, or increase in median house value, Fingal Bay,2315 has racked up an average of -18.21% over the period. This ranks it number 2449th in the whole country for real estate investors looking at median house price increases.

At number 74th of NSW’s most discounted properties, Fingal Bay is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 3232 in a list of fastest selling suburbs, Fingal Bay is in the bottom 20% of suburbs in Australia with an average of days on market 115.476 for properties listed there.

Situated 153.06km from the CBD, Fingal Bay is one of Port Stephens (A) localities in the postcode 2315.

Giving property investors a a solid capital gain of 22.83% for the last year, Fingal Bay, 2315 is the 78th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fingal Bay has increased when compared to the 5 year average annual rate.

In the last year 10 properties changed hands in Fingal Bay, which puts it as the 559th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 5.67%, investors should hope to achieve an overall return of 3.13%

Metrics i HOUSE UNIT
$685,000 $565,000
5.38% 7.88%
-18.21% 22.83%
5.16% 5.67%
$443 $340
37 10
3.36% 3.13%
115.476190476191 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1502
Median household income ($/weekly) 805
Median age of persons 58
Median housing loan repayment ($/monthly) 1600
Average household size 2
  • Census Count Percent(%)
    5-14 years 116 7.7
    45-54 years 190 12.6
    55-64 years 244 16.2
    65-74 years 252 16.8
    75-84 years 203 13.5
    Others 499 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 582 54.3
    Not Married 419 39.1
    Defacto Relationship 71 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1109 86.3
    Netherlands 9 0.7
    Papua New Guinea 19 1.5
    United Kingdom 74 5.8
    Other 25 1.9
    Others 49 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1001 79.6
    No Religion 240 19.1
    Buddhism 7 0.6
    Other Religious Groups 7 0.6
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 8.6
    $400-$599 108 19.7
    $600-$799 85 15.5
    $800-$999 72 13.2
    $1,000-$1,249 51 9.3
    Others 184 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 643 56.0
    Employed, worked full-time 252 22.0
    Employed, worked part-time 185 16.1
    Unemployed, looking for work 35 3.0
    Employed, away from work 33 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 86 18.3
    Technicians & trades workers 87 18.5
    Community & personal service workers 70 14.9
    Clerical & administrative workers 56 11.9
    Sales 58 12.3
    Others 113 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 18 9.6
    Infants/Primary 58 30.9
    Secondary 70 37.2
    Technical or Further Educational Institution 20 10.6
    University or other Tertiary Institutions 18 9.6
    Others 4 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 748 59.1
    Semi-detached, row or terrace house, townhouse 346 27.4
    Flat, unit or apartment 146 11.5
    House or flat attached to a shop, office 17 1.3
    Caravan, cabin, houseboat 8 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 274 46.1
    Rented 189 31.8
    Being purchased 86 14.5
    Other tenure type 45 7.6
    Tenure Type
Census 2011, ABS
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