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Fennell Bay, NSW 2283

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Fennell Bay, NSW 2283 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Fennell Bay, NSW 2283”

  1. The total adult population (15 years or older) of Fennell Bay 2283 NSW is 1,520, with a median age of 45. Of those, 45.33% are married, 14.74% are divorced or separated, 33.09% are single and 6.64% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $7,256. The median monthly mortgage repayment for households in this suburb is $1,734 which is 23.90% of their earnings.

    Source: ABS Census Data (2021)

  2. Housing in the Fennell Bay 2283 suburb, an appealing district in the heart of NSW with an estimated 809 households, currently presents a commanding display of robust signs in the real estate landscape. According to Q3 of 2023 data, the typical house price in the area stands at a handsome $776,678. Accompanied by a median weekly rent of $456, this translates into an enticing indicative yield of 3.05%, a figure that easily surpasses the minimum market requirement for cashflow-centred property investors.

    The locality’s socio-economic score, as per the IRSAD scale, presents a moderately high 928 out of 1217, indicating that the area is effectively populated by residents with good economic resources. The renter to owner ratio is also far favourable, being comfortably lodged at 24%, well below the risk threshold. Adding further allure to Fennell Bay 2283’s real estate prospects is the low 5% units to houses ratio, giving it an edge over suburbs burdened with an oversupply of units.

    However, there’s a touch of caution in the air due to the suburb’s slightly elevated affordability index. The estimated duration required to completely own a house is a fairly high 42 years. This may be a of potential concern to those eyeing an entry into the housing market.

    In terms of supply, Fennell Bay 2283 manifests promising figures. The stock on market Percentage for houses is only 0.26%, a tremendous advantage in the current property market. The inventory, which measures the market’s absorption of new listings, is a low 1.5 months. Combined with the building approvals ratio of just 0.4%, these metrics clearly point to a tight local market with relatively limited new supply.

    Turning to demand, the suburb enjoys a healthy position. The number of days a house typically stays on the market is 67, while a vacancy rate of 1.05% indicates a strong demand for housing in this combined market. In addition, there’s high interest shown by prospective buyers, with the buy search index standing at 6.

    Despite the long-term affordability concern, Fennell Bay 2283 overall is showing favourable metrics sustained by modest supply conditions and high demand. However, one should always remember that trends, as well as metric values, have their roles in evaluating a property market. It’s a wise practice to understand the area well before diving in, keeping a close eye on the market developments to net the best investment outcomes. In the end, a reliable tool such as the Relative Composite Score (RCS), pioneered by HtAG Analytics, could be advantageous, helping potential investors navigate the complex metrics landscape with ease.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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