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Average Income | $ |
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Thinking about buying in Shallow Bay? Now could not be a better time, with just 61 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,062,000 with prices in this suburb ranging from $292,000 to $2,592,000. Shallow Bay is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Shallow 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 Shallow 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. Low average earnings from people in Shallow Bay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Shallow Bay the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation71 Pitchfork Place, Shallow Bay, NSW, 2428 | 3 | 2 | 2 | $1,500,000 - $1,650,000 |
None within suburb boundary
(While the above schools are located with the suburb of Shallow Bay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
26-06-2024 | $2,200,000 | 80 Salisbury Way |
13-10-2023 | $565,000 | 574 Shallow Bay Road |
19-05-2023 | $1,375,000 | 71 Pitchfork Place |
29-04-2022 | $900,000 | 465 Shallow Bay Road |
03-03-2022 | $2,600,000 | 751 Shallow Bay Road |
07-09-2021 | $1,050,000 | 81 Salisbury Way |
03-09-2021 | $1,400,000 | 732 Shallow Bay Road |
06-08-2021 | $607,000 | 72 Pitchfork Place |
08-05-2020 | $635,000 | 81 Salisbury Way |
03-08-2018 | $325,000 | 574 Shallow Bay Road |
20-07-2018 | $655,000 | 134 Oak Lane |
26-10-2017 | $200,000 | 556 Shallow Bay Road |
08-09-2017 | $975,000 | 827 Shallow Bay Road |
10-04-2017 | $477,000 | 73 Salisbury Way |
25-01-2017 | $440,000 | 616 Shallow Bay Road |
12-05-2016 | $290,000 | 466 Shallow Bay Road |
19-11-2015 | $485,000 | 356 Shallow Bay Road |
03-09-2015 | $550,000 | 622 Shallow Bay Road |
07-07-2015 | $400,000 | 832 Shallow Bay Road |
03-02-2015 | $500,000 | 673 Shallow Bay Road |
18-08-2014 | $250,000 | 292 Shallow Bay Road |
31-07-2013 | $520,000 | 73 Pitchfork Place |
11-05-2012 | $300,000 | 72 Pitchfork Place |
14-10-2011 | $570,000 | 74 Pitchfork Place |
16-09-2011 | $190,000 | 616 Shallow Bay Road |
30-06-2011 | $532,000 | 286 Shallow Bay Road |
17-02-2006 | $675,000 | 751 Shallow Bay Road |
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