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Nelson Bay, NSW 2315
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,045,000
market range $950K-$1.2M
Median Unit
$700,000
market range $650K-$875K
Gross Yield (houses)
3.5%
1yr Growth (houses)
+0.1%
market range -10.0% to +12.5%
Investment snapshot for Nelson Bay
Nelson Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Nelson Bay market and investor summary
Nelson Bay (NSW 2315) runs a median house price of $1.0M, with houses yielding a gross 3.5%. House prices have moved +0.1% over the past year. At 1.6% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Nelson Bay: people, income and schools
About 6,141 people live in Nelson Bay, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and families account for 65% of households.
Households here earn a median of about $68,000 a year, or roughly $1,310 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 15.4 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 9 schools within about 5km, testing close to the national school average on ICSEA. Most day-to-day errands are doable on foot; the suburb scores 72 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 6,141
- +1% over 5yr
- Median age
- 51 years
- Median household income
- $68,000/yr
- Households renting
- 27%
- Family households
- 65%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 9
- avg ICSEA 1003
- Unemployment
- 3.4%
- Walk score
- 72/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Nelson Bay
View all →Frequently asked questions about Nelson Bay
What should I check before investing in Nelson Bay?
Nelson Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Tight rental market (1.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Nelson Bay?
The median property price in Nelson Bay, NSW 2315 is $1.0M for houses and $700K for units.
What rental yield does Nelson Bay show?
The gross rental yield in Nelson Bay is 3.5% for houses and 4.3% 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 Nelson Bay?
House prices in Nelson Bay are up 0.1% over the past year. 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 Nelson Bay?
The current vacancy rate in Nelson Bay is 1.6%. 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 Nelson Bay?
Nelson Bay has a population of approximately 6,141 residents, with a median age of 51.
What schools are near Nelson Bay?
There are 9 schools within roughly 5km of Nelson 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 Nelson Bay affordable to buy in?
A median house in Nelson Bay costs about 15.4 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 Nelson Bay's population growing?
The population of Nelson Bay has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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