Suburb Profile Report for Yamba NSW (2464)

Yamba House: Median price $550,000, Annual capital growth 4.22%, Number of sales 136, Weekly median advertised rent $495

Yamba Unit: Median price $430,000, Annual capital growth 3.89%, Number of sales 73, Weekly median advertised rent $400

  • 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.

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  • House Report
  • Unit Report

Over the last year, property investments in Yamba, 2464 have given investors a capital gain of 1.85%. This compares favourably with the 0.15% for NSW as a whole.

Across a shorter period, Yamba, 2464 has seen a median price increase of 2.80% over the last quarter.

Vendor discounting in Yamba is giving property investors an average Vendor Discount of around -4.59%. This puts suburb at number 746th in NSW when ranking the most discounted suburbs.

With the median price for a house in Yamba being $550000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.68%

Property value increases in Yamba have tracked just higher than the NSW average of -0.92% over the last 12 months.

The five-year average increase in median property values for Yamba,2464 has given property investors a potential capital gain of 45.76% across each of those five years.

Yamba, 2464 is offering NSW ‘s 326th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.

On average over the past year, suburb has had 6.08 sales per month, which equates to 73 per year.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at 3.89%.

Information supplied by:




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Yamba, NSW – Rental market loosens

Postcode: 2464

Median house price: $557,000

Vacancy rate: 6.1%

Three-year growth: 4.1%

The suburb of Yamba is where surf, sand and seafood meet. A popular tourism destination in NSW’s Northern Rivers region, holidaymakers flock to this spot for vacations by the shore.

Yamba lies at the mouth of the Clarence River, where you can take a kayak to the water and relish in the scenery. The commercial area is bustling with cafes and restaurants serving Yamba’s popular prawns. The local produce is also celebrated in festivals and markets.

You can watch dolphins frolic along the estuary, and do some deep-sea fishing in the Pacific. Nearby Angourie Point is where surfers go for some of the best waves in the country.

Metrics i HOUSE UNIT
$550,000 $430,000
2.80% 2.38%
1.85% 1.47%
4.22% 3.89%
$495 $400
136 73
4.68% 4.84%
81.2527472527473 97.2352941176471

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 : Above average (H), Above average (U)
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Demographics
Total population 6074
Median household income ($/weekly) 721
Median age of persons 53
Median housing loan repayment ($/monthly) 1517
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 588 9.7
    45-54 years 705 11.6
    55-64 years 992 16.3
    65-74 years 1044 17.2
    75-84 years 687 11.3
    Others 2058 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 2321 51.2
    Not Married 1761 38.8
    Defacto Relationship 454 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5074 88.5
    New Zealand 27 0.5
    Papua New Guinea 118 2.1
    United Kingdom 296 5.2
    Other 62 1.1
    Others 158 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 0.8
    Christianity 4273 77.3
    Hinduism 10 0.2
    Other Religious Groups 7 0.1
    No Religion 1186 21.5
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 252 10.8
    $400-$599 506 21.7
    $600-$799 364 15.6
    $800-$999 299 12.8
    $1,000-$1,249 197 8.5
    Others 712 30.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2876 58.0
    Employed, worked full-time 989 19.9
    Employed, worked part-time 800 16.1
    Unemployed, looking for work 176 3.5
    Employed, away from work 117 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 328 17.2
    Technicians & trades workers 279 14.6
    Community & personal service workers 251 13.2
    Sales 244 12.8
    Labourers 238 12.5
    Others 565 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 104 9.9
    Infants/Primary 384 36.5
    Secondary 306 29.1
    Technical or Further Educational Institution 133 12.6
    University or other Tertiary Institutions 101 9.6
    Others 25 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4410 80.3
    Flat, unit or apartment 542 9.9
    Semi-detached, row or terrace house, townhouse 438 8.0
    Caravan, cabin, houseboat 68 1.2
    House or flat attached to a shop, office 33 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1227 49.1
    Rented 817 32.7
    Being purchased 444 17.8
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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