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Sunshine Bay, NSW 2536

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 Sunshine Bay, NSW 2536 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 “Sunshine Bay, NSW 2536”

  1. The total adult population (15 years or older) of Sunshine Bay 2536 NSW is 1,243, with a median age of 56. Of those, 48.35% are married, 17.54% are divorced or separated, 25.58% are single and 8.69% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $5,420. The median monthly mortgage repayment for households in this suburb is $1,650 which is 30.44% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NSW, SUNSHINE BAY 2536 is a bustling suburb that presents a wholesome range of households totaling to an estimate of 1111. As per Q3 2023, the property market in SUNSHINE BAY is vibrant with typical house prices striking an average of $906,744 and median weekly rents settling at $533. These figures amalgamate to an indicative yield that clocks in at a strong 3.06%.

    The socio-economic aspect of SUNSHINE BAY remains platinum-grade, with an IRSAD score of 946 out of a possible 1217. This represents a community that is well-endowed with economic resources, exhibits high income levels, and is predominantly populated by skilled professions. Looking at the renter to owner ratio, we find an inviting 24%, revealing a healthy balance between owned and rented housing.

    On the other hand, the units to houses ratio for the suburb stands at 12%, a figure that indicates less competition amongst landlords, thus maintaining a favourable rental yield condition. Furthermore, the sprawling suburb is dominated by houses giving it a residential charm that attract families, as such units are evidently fewer than houses.

    However, a slight red flag raises its head when we examine the affordability index for houses in this locale. It takes a whopping 66 years to fully own a house, signifying that property prices tend to outstrip median family incomes, which might make things quite tough for middle-income folks.

    Scanning the supply metrics, we note that the stock on market Percentage for houses is an acceptable 0.47%. This indicates a relatively balanced market supply, which neither favours the buyers nor the sellers. Additionally, with an inventory level hitting at 1.92 months, the market can absorb new listings at a stable level, reinforcing the balanced supply condition. The building approval ratio further punctuates the low supply at 0.12%, making it more favourable for property investors.

    The Demand metrics, on the other hand, are rather mixed. The days on market for houses stands at an unnerving 125, an indicator of lower demand for houses in the area. Nevertheless, countering this is a relatively low vacancy rate of 1.86% suggesting a hardly satisfactory demand for rental housing as well.

    Lastly, the buy search index is at a steady state average of 5. Though not spectacular, this is enough to hold the demand line steady suggesting SUNSHINE BAY 2536 is an area significant enough to attract attention from property buyers.

    Taken together, investing in SUNSHINE BAY seems promising. But, as indicated by the RCS, continuous monitoring and a thorough understanding of property market trends are crucial for secure and profitable property investments.

    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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