Little Bay is a smaller suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 4,817, the suburb has an established demographic with a median age of 42. Households earn a median income of $123K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Little Bay is $2.8 million, having risen modestly 1.4% over the past year. Units have a median price of $1.4 million (-7.6% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $3,000.
Public transport access includes 22 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Little Bay offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved +1.4% year-on-year.
Little Bay is a smaller suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 4,817, the suburb has an established demographic with a median age of 42. Households earn a median income of $123K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Little Bay is $2.8 million, having risen modestly 1.4% over the past year. Units have a median price of $1.4 million (-7.6% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $3,000.
Public transport access includes 22 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Little Bay offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved +1.4% year-on-year.