Tanilba Bay is a smaller suburb in New South Wales within the Port Stephens local government area (postcode 2319). With a population of 3,237, the suburb has a mature demographic with a median age of 48. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Tanilba Bay is $900,000, having surged 10.4% over the past year. Units have a median price of $750,000 (+49.3% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,517.
Tanilba Bay is served by 1 school, including 1 primary. The average ICSEA score is 901, which is below the national average of 1,000. Public transport access includes 25 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, Tanilba Bay offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +10.4% year-on-year.
Tanilba Bay is a smaller suburb in New South Wales within the Port Stephens local government area (postcode 2319). With a population of 3,237, the suburb has a mature demographic with a median age of 48. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Tanilba Bay is $900,000, having surged 10.4% over the past year. Units have a median price of $750,000 (+49.3% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,517.
Tanilba Bay is served by 1 school, including 1 primary. The average ICSEA score is 901, which is below the national average of 1,000. Public transport access includes 25 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, Tanilba Bay offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +10.4% year-on-year.