Powered by MOMENTUM MEDIA
AREA REPORTS

Nelson Bay

Suburb Profile

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

house
unit

NELSON BAY, 2315 ranks 2883rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 1.59% for property investors.

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 $640,000.

The upward trend in home prices in NELSON BAY, 2315 averaged 2.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $437.5 mark, reflecting a 3.55% increase in returns based on the current median price in NELSON BAY.

An average of 10.75 real estate transactions take place per month in NELSON BAY which translates to 129 per annum.

129 properties were sold in NELSON BAY in 2016, making it the 1243rd most active market in NSW based on total real estate transactions.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 $465,000
GROWTH REPORT
Median Quarterly 0% 4.49%
Median 12 month 1.59% 12.05%
Median 3 years 7.29% 16.25%
Median 5 years 37.63% 41.12%
10 years average annual 4.53% 3.45%
Weekly media advert. rent $437.5 $365
Time on Market 92.4 days 105.4 days
Gross Rental Yield Percent 3.55% 4.08%
demographics (median values)
Total Population
4111
Weekly Household Income
703.2
Household Size
2.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Double-digit price growth to stick around as ‘property boom’ arrives

Double-digit price growth to stick around as ‘property boom’ arrives

According to leading indicators, Australia’s property boom officially began in November, following several slow months on the back of the ...

Sydney, Melbourne boast highest capital city sales

Sydney, Melbourne boast highest capital city sales

After a COVID-induced downturn, Sydney and Melbourne have reinforced their continued recovery, logging more sales than the remaining capital...

Housing construction to ‘bottom out’ mid-2021

The construction of new homes in Australia is forecast to “get worse before it gets better”, according to Deloitte Access Economics, b...

Inner Sydney rental vacancies stabilise as exodus from middle ring continues

Inner Sydney rental vacancies stabilise as exodus from middle ring continues

Sydney’s inner ring continued to attract tenants in December as the end of 2020 brought more stability to the rental accommodation market ...

COVID trends

COVID trends: Will they continue in 2021?

Despite suffering its first recession in almost 30 years, Australian property markets remained remarkably resilient in the face of a global ...

Melbourne property ends 2020 with a $900k bang

Melbourne property ends 2020 with a $900k bang

For the first time, Metropolitan Melbourne house values have surpassed a median price of $900,000. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.