Suburb Profile Report for Salamander Bay NSW (2317)

Salamander Bay House: Median price $655,000, Annual capital growth 5.65%, Number of sales 82, Weekly median advertised rent $460

Salamander Bay Unit: Median price $390,000, Annual capital growth 3.51%, Number of sales 35, Weekly median advertised rent $383

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

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

  • House Report
  • Unit Report

NSW has seen average median house prices change by -4.28% which means that Salamander Bay, 2317 has not done well for property investors by showing a capital gain of -1.87% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Salamander Bay comes in at number 526th in NSW.

Salamander Bay2317 is located in NSW which offers an average discount of -7.34% to property investors. Salamander Bay itself is showing figures that indicate -4.20% is the average achievable by property buyers investing in the suburb.

The NSW suburb of Salamander Bay, 2317 is in the Port Stephens (A) local government area.

Salamander Bay is an average performer in NSW when comparing median price capital growth over the last year. Salamander Bay gave property investors a average capital gain figure when compared to the rest of the state, with -6.59%.

Taking the average capital gain, or increase in median house value, Salamander Bay,2317 has racked up an average of -6.59% over the period. This ranks it number 619th in the whole country for real estate investors looking at median house price increases.

At number 334th of NSW’s most discounted properties, Salamander Bay is in the TOP 10% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Salamander Bay being $390000 and the advertised rent reaching $382.5 the gross rental yield for property investors calculates out to be 5.10%

Metrics i HOUSE UNIT
$655,000 $390,000
-6.29% -0.76%
-1.87% -6.59%
5.65% 3.51%
$460 $383
82 35
3.65% 5.10%
97.3958333333333 85.55

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

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 4843
Median household income ($/weekly) 857
Median age of persons 50
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 557 11.5
    45-54 years 611 12.6
    55-64 years 622 12.8
    65-74 years 787 16.2
    75-84 years 535 11.0
    Others 1732 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 1922 53.9
    Not Married 1372 38.4
    Defacto Relationship 275 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3814 85.0
    Papua New Guinea 63 1.4
    United Kingdom 352 7.8
    United States of America 22 0.5
    Other 55 1.2
    Others 183 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 3500 80.5
    No Religion 812 18.7
    Buddhism 18 0.4
    Other Religious Groups 12 0.3
    Judaism 8 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 192 10.8
    $400-$599 321 18.1
    $600-$799 221 12.4
    $800-$999 204 11.5
    $1,500-$1,999 199 11.2
    Others 639 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1989 53.0
    Employed, worked full-time 929 24.8
    Employed, worked part-time 618 16.5
    Employed, away from work 122 3.3
    Unemployed, looking for work 94 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 12.4
    Professionals 232 13.9
    Technicians & trades workers 289 17.4
    Clerical & administrative workers 216 13.0
    Sales 226 13.6
    Others 495 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 80 9.0
    Infants/Primary 329 37.0
    Secondary 279 31.4
    Technical or Further Educational Institution 87 9.8
    University or other Tertiary Institutions 98 11.0
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3132 71.3
    Semi-detached, row or terrace house, townhouse 1038 23.6
    Flat, unit or apartment 163 3.7
    Caravan, cabin, houseboat 57 1.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 881 46.5
    Rented 555 29.3
    Being purchased 416 21.9
    Other tenure type 44 2.3
    Tenure Type
Census 2011, ABS
Chart Table