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Unit 4,
107-109 OCEAN PARADE Blue Bay NSW 2261

This property is Off Market

All about Blue Bay Homes for sale in Blue Bay


  • Last sold 3/28/2017 for $610,000. The Average property price in this area is $1,048,702, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.13 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About The Entrance

With an average age of 51, households expect an average monthly mortgage payment of $2,184 or a weekly rent payment of $375. The average family earns a weekly income of $2,150 with a typical household size of 2.1 and a 93.85% employment rate.

In Blue Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Blue Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Blue Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Blue Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Blue Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Blue Bay a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 2062 asthma sufferers and 1297 people living with diabetes. In addition, 1202 people have a heart/vascular condition and 2617 people live with three or more chronic diseases.

A good place to invest in property?

The Entrance a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

10 / 100

31 / 100

Industry

19 / 100

22 / 100

Population

21 / 100

19 / 100

House Prices

51 / 100

60 / 100

Jobs

24 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    TLSC The Entrance The Entrance PS TLSC Tumbi Umbi
  • Brooke Avenue Public School

    Killarney Vale, NSW, 2261 State K-6

  • The Central Coast Montessori Primary School

    Bateau Bay, NSW, 2261 Independent K-6

  • Killarney Vale Public School

    Killarney Vale, NSW, 2261 State K-6

  • TLK Youth College

    Berkeley Vale, NSW, 2261 Independent 9-12

  • Tuggerah Lakes Secondary College The Entrance Campus

    Long Jetty, NSW, 2261 State 7-12

  • Our Lady of the Rosary Catholic Primary School

    Shelly Beach, NSW, 2261 Independent K-6

  • Bateau Bay Public School

    Bateau Bay, NSW, 2261 State K-6

  • The Entrance Public School

    The Entrance, NSW, 2261 State P-6

  • Berkeley Vale Public School

    Berkeley Vale, NSW, 2261 State K-6

  • St John Fisher Catholic Primary School

    Tumbi Umbi, NSW, 2261 Independent K-6


Property Story

Unit 4, 107-109 Ocean Parade, Blue Bay, Nsw, 2261 is a residential property with 2 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $875,000 while properties of this type typically sell for between $1,250,000 and $1,250,000 in this suburb. The estimated distance to the sea is only 0.13km and at least 1.26KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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