Salamander Bay is a smaller suburb in New South Wales within the Port Stephens local government area (postcode 2317). With a population of 4,991, the suburb has an older demographic with a median age of 57. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Salamander Bay is $1.1 million, having dipped slightly 0.3% over the past year. Units have a median price of $663,000 (-3.3% YoY). The current median weekly rent is $685. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,733.
Salamander Bay is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 51 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Salamander Bay offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 19.9x is considered stretched. House prices have moved -0.3% year-on-year.
Salamander Bay is a smaller suburb in New South Wales within the Port Stephens local government area (postcode 2317). With a population of 4,991, the suburb has an older demographic with a median age of 57. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Salamander Bay is $1.1 million, having dipped slightly 0.3% over the past year. Units have a median price of $663,000 (-3.3% YoY). The current median weekly rent is $685. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,733.
Salamander Bay is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 51 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Salamander Bay offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 19.9x is considered stretched. House prices have moved -0.3% year-on-year.