Suburb Profile Report for Nelson Bay NSW (2315)

Nelson Bay House: Median price $618,000, Annual capital growth 5.06%, Number of sales 98, Weekly median advertised rent $450

Nelson Bay Unit: Median price $415,000, Annual capital growth 2.69%, Number of sales 101, Weekly median advertised rent $355

  • 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
  • Unit Report

Giving property investors a an unimpressive capital gain of -8.10% for the last year, Nelson Bay, 2315 is the 3115th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Nelson Bay has given property investors a paper return of -1.71%. This puts Suburb as 805 on a list of fastest fasting appreciating suburbs in NSW

Nelson Bay, 2315 is offering NSW ‘s 597th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.

At number 684th in the list of Australian suburbs ordered by increase in median house value over the last year, Nelson Bay, 2315 is in the top half with a property value increase of -1.19% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Nelson Bay comes in at number 187th in NSW.

LACK OF BUYER INTEREST may well be the reason that Nelson Bay is offering property investors an average of -6.83. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in NSW

At number 1180 in a list of fastest selling suburbs, Nelson Bay is in the bottom 20% of suburbs in Australia with an average of days on market 113.59 for properties listed there.

Metrics i HOUSE UNIT
$618,000 $415,000
-1.71% -3.49%
-8.10% -1.19%
5.06% 2.69%
$450 $355
98 101
3.79% 4.45%
97.9245283018868 113.590163934426

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 : Balanced (H), Balanced (U)
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Demographics
Total population 5396
Median household income ($/weekly) 930
Median age of persons 47
Median housing loan repayment ($/monthly) 1800
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 592 11.0
    35-44 years 622 11.5
    45-54 years 740 13.7
    55-64 years 863 16.0
    65-74 years 756 14.0
    Others 1824 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 1957 51.1
    Not Married 1522 39.8
    Defacto Relationship 349 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4211 84.0
    Greece 32 0.6
    Papua New Guinea 78 1.6
    United Kingdom 316 6.3
    Other 92 1.8
    Others 287 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.8
    Christianity 3691 75.8
    Islam 8 0.2
    Other Religious Groups 29 0.6
    No Religion 1095 22.5
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 289 14.9
    $600-$799 257 13.3
    $800-$999 204 10.5
    $1,000-$1,249 183 9.4
    $1,500-$1,999 198 10.2
    Others 807 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1844 43.8
    Employed, worked full-time 1243 29.5
    Employed, worked part-time 815 19.4
    Employed, away from work 154 3.7
    Unemployed, looking for work 153 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 296 13.4
    Professionals 374 16.9
    Technicians & trades workers 362 16.4
    Community & personal service workers 275 12.5
    Clerical & administrative workers 273 12.4
    Others 628 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 93 9.3
    Infants/Primary 386 38.4
    Secondary 277 27.6
    Technical or Further Educational Institution 106 10.6
    University or other Tertiary Institutions 107 10.7
    Others 35 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3252 68.3
    Semi-detached, row or terrace house, townhouse 903 19.0
    Flat, unit or apartment 578 12.1
    Caravan, cabin, houseboat 16 0.3
    House or flat attached to a shop, office 12 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 836 40.1
    Rented 768 36.8
    Being purchased 477 22.9
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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