Suburb Profile Report for Nelly Bay QLD (4819)

Nelly Bay House: Median price $362,000, Annual capital growth 0.45%, Number of sales 41, Weekly median advertised rent N/A

Nelly Bay Unit: Median price $291,250, Annual capital growth 17.54%, Number of sales 66, Weekly median advertised rent $360

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Nelly Bay, 4819 ranked 791th in QLD when comparing growth in median property values or capital gain over the last 12 months. Nelly Bay is one of 2415 in our list for QLD

Nelly Bay,4819 was ranked 4285 in Australia by increase in median property value over the quarter.

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Nelly Bay itself are offering an average vendor discount of -5.16% to real estate investors.

At number 3456 in a list of fastest selling suburbs, Nelly Bay is in the bottom 20% of suburbs in Australia with an average of days on market 95.3182 for properties listed there.

Nelly Bay is in the bottom 10% in QLD when comparing median price capital growth over the last year. Nelly Bay gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.66%.

The five-year average increase in median property values for Nelly Bay,4819 has given property investors a potential capital gain of 68.84% across each of those five years.

Nelly Bay, 4819 is offering QLD ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

Residents and property investors in Nelly Bay have been waiting around 101.778 days to sell a property.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 17.54%, investors should hope to achieve an overall return of 6.43%

Metrics i HOUSE UNIT
$362,000 $291,250
-0.82% 29.16%
2.84% -19.66%
0.45% 17.54%
N/A $360
41 66
N/A 6.43%
95.3181818181818 101.777777777778

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (U), Balanced (H)
Find a mortgage broker in Nelly Bay QLD
Demographics
Total population 1054
Median household income ($/weekly) 864
Median age of persons 48
Median housing loan repayment ($/monthly) 1800
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 125 11.8
    35-44 years 129 12.2
    45-54 years 207 19.6
    55-64 years 189 17.9
    65-74 years 105 10.0
    Others 300 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 337 44.1
    Not Married 330 43.2
    Defacto Relationship 97 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 733 74.9
    Greece 10 1.0
    Papua New Guinea 53 5.4
    United Kingdom 96 9.8
    Other 27 2.8
    Others 59 6.0
    Country of Birth
    Census Count Percent(%)
    Christianity 539 56.9
    No Religion 366 38.6
    Buddhism 31 3.3
    Other Religious Groups 8 0.8
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 33 8.5
    $400-$599 57 14.6
    $600-$799 51 13.1
    $800-$999 49 12.6
    $1,000-$1,249 40 10.3
    Others 160 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 313 37.5
    Employed, worked full-time 272 32.6
    Employed, worked part-time 188 22.5
    Employed, away from work 31 3.7
    Unemployed, looking for work 30 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 76 15.4
    Professionals 79 16.0
    Technicians & trades workers 77 15.6
    Community & personal service workers 65 13.2
    Labourers 58 11.8
    Others 138 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.1
    Infants/Primary 91 46.4
    Secondary 55 28.1
    Technical or Further Educational Institution 11 5.6
    University or other Tertiary Institutions 26 13.3
    Others 3 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 793 83.8
    Flat, unit or apartment 126 13.3
    Semi-detached, row or terrace house, townhouse 13 1.4
    Caravan, cabin, houseboat 8 0.8
    House or flat attached to a shop, office 6 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 160 38.4
    Fully owned 147 35.3
    Being purchased 110 26.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table