Nelson Bay is a mid-sized suburb in New South Wales within the Port Stephens local government area (postcode 2315). With a population of 6,141, the suburb has a mature demographic with a median age of 51. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Nelson Bay is $930,000, having dropped significantly 11.4% over the past year. Units have a median price of $623,000 (-7.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,842.
Nelson Bay is served by 1 school, including 1 primary. The average ICSEA score is 1040, which is around the national average of 1,000. Public transport access includes 72 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Nelson Bay offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($930K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.7x is considered stretched. House prices have moved -11.4% year-on-year.
Nelson Bay is a mid-sized suburb in New South Wales within the Port Stephens local government area (postcode 2315). With a population of 6,141, the suburb has a mature demographic with a median age of 51. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Nelson Bay is $930,000, having dropped significantly 11.4% over the past year. Units have a median price of $623,000 (-7.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,842.
Nelson Bay is served by 1 school, including 1 primary. The average ICSEA score is 1040, which is around the national average of 1,000. Public transport access includes 72 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Nelson Bay offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($930K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.7x is considered stretched. House prices have moved -11.4% year-on-year.