Blue Bay is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 1,060, the suburb has a mature demographic with a median age of 52. Households earn a median income of $69K per year, with an average household size of 2.1 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Blue Bay is $1.8 million, having dropped significantly 20.5% over the past year. Units have a median price of $1.0 million (+4.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Blue Bay offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 25.4x is considered stretched. House prices have moved -20.5% year-on-year.
Blue Bay is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2261). With a population of 1,060, the suburb has a mature demographic with a median age of 52. Households earn a median income of $69K per year, with an average household size of 2.1 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Blue Bay is $1.8 million, having dropped significantly 20.5% over the past year. Units have a median price of $1.0 million (+4.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Blue Bay offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 25.4x is considered stretched. House prices have moved -20.5% year-on-year.