Shoal Bay is a small community in New South Wales within the Port Stephens local government area (postcode 2315). With a population of 1,815, the suburb has an older demographic with a median age of 59. Households earn a median income of $52K per year, with an average household size of 2 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 Shoal Bay is $1.4 million, having increased 4.4% over the past year. Units have a median price of $585,000 (-25.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,700.
Shoal Bay is served by 1 school, including 1 primary. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 16 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, Shoal Bay offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 26.4x is considered stretched. House prices have moved +4.4% year-on-year.
Shoal Bay is a small community in New South Wales within the Port Stephens local government area (postcode 2315). With a population of 1,815, the suburb has an older demographic with a median age of 59. Households earn a median income of $52K per year, with an average household size of 2 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 Shoal Bay is $1.4 million, having increased 4.4% over the past year. Units have a median price of $585,000 (-25.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,700.
Shoal Bay is served by 1 school, including 1 primary. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 16 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, Shoal Bay offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 26.4x is considered stretched. House prices have moved +4.4% year-on-year.