AREA REPORTS

Shoal Bay

NSW/
Shoal bay

Suburb Profile

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

house
unit

Property investments in SHOAL BAY fare well against the rest of the country last year, registering a median home price increase of 11.11%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains SHOAL BAY, 2315 saw average growth in the long term.

Real estate investors could earn a rental income of $430 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 76.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $650,000.

SHOAL BAY ranks 677th on the list of best yielding suburbs for rental properties in NSW, posting a 3.44% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 $465,000
GROWTH REPORT
Median Quarterly 0.7% -4.62%
Median 12 month 11.11% 6.9%
Median 3 years 40.16% 21.57%
Median 5 years 64.56% 52.46%
10 years average annual 6.17% 5.26%
Weekly media advert. rent $430 $310
Time on Market 76.6 days 107.1 days
Gross Rental Yield Percent 3.44% 3.47%
demographics (median values)
Total Population
1747
Weekly Household Income
586
Household Size
2.00
demographics
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