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Chittaway Bay, NSW 2261

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$925,000

market range $900K-$1.0M

Median Unit

$670,000

Gross Yield (units)

5.1%

1yr Growth (houses)

+7.4%

market range +2.5% to +10.0%

Investment snapshot for Chittaway Bay

Chittaway Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Chittaway Bay market and investor summary

In Chittaway Bay, NSW 2261, the median house sells for around $925K. House prices have moved +7.4% over the past year and +12.6% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking.

Living in Chittaway Bay: people, income and schools

Chittaway Bay has a resident population of roughly 1,987, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and 77% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $88,000 a year (about $1,690 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 10.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 11 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Chittaway Bay sits about 64 km from the CBD. It is fairly car-dependent; the suburb scores 6 for walkability and 12 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
1,987
+2% over 5yr
Median age
41 years
Median household income
$88,000/yr
Households renting
22%
Family households
77%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
11
avg ICSEA 968
Unemployment
3.9%
Distance to CBD
64 km
Walk score
6/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Chittaway Bay

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Frequently asked questions about Chittaway Bay

What should I check before investing in Chittaway Bay?

Chittaway Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +7.4% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Chittaway Bay?

The median property price in Chittaway Bay, NSW 2261 is $925K for houses and $670K for units.

What rental yield does Chittaway Bay show?

The gross rental yield in Chittaway Bay is 5.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Chittaway Bay?

House prices in Chittaway Bay are up 7.4% over the past year and up 12.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Chittaway Bay?

The current vacancy rate in Chittaway Bay is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Chittaway Bay?

Chittaway Bay has a population of approximately 1,987 residents, with a median age of 41.

What schools are near Chittaway Bay?

There are 11 schools within roughly 5km of Chittaway Bay. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Chittaway Bay affordable to buy in?

A median house in Chittaway Bay costs about 10.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Chittaway Bay's population growing?

The population of Chittaway Bay has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Chittaway Bay from the CBD?

Chittaway Bay is about 64 km from the CBD.

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