NSW/
Nelson bay

Suburb Profile

Nelson Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2315

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $580,000.

The upward trend in home prices in NELSON BAY, 2315 averaged 8.04% per annum over a 3-year period.

Average weekly rents on listings have reached the $440 mark, reflecting a 3.94% increase in returns based on the current median price in NELSON BAY.

An average of 13.33 real estate transactions take place per month in NELSON BAY which translates to 160 per annum.

160 properties were sold in NELSON BAY in 2016, making it the 1063rd most active market in NSW based on total real estate transactions.

NELSON BAY, 2315 places 305th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $580,000 $409,500
GROWTH REPORT
Median Quarterly 4.98% -0.12%
Median 12 month 13.73% 2.38%
Median 3 years 24.11% 17%
Median 5 years 42.33% 26.98%
10 years average annual 3.78% 0.75%
Weekly media advert. rent $440 $350
Time on Market 67.3 days 72.1 days
Gross Rental Yield Percent 3.94% 4.44%
demographics (median values)
Total Population
4111
Weekly Household Income
703.2
Household Size
2.20
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