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Shoal Bay suburb profile

Shoal Bay is a picturesque coastal suburb located in the Port Stephens region of New South Wales, renowned for its stunning beaches and natural beauty. Nestled between Tomaree National Park and the sparkling waters of the bay, it offers a tranquil escape for residents and visitors alike. The area is popular for outdoor activities such as swimming, fishing, and bushwalking, with the iconic Tomaree Head Summit Walk providing breathtaking views. Shoal Bay's relaxed atmosphere, combined with its charming cafes and boutique shops, makes it a desirable destination for those seeking a serene seaside lifestyle.

Shoal Bay property market performance

Current median dwelling price$1,017,500Past 3 months

Property growth+9.5%Past 12 months

Shoal Bay’s property market has experienced a modest uplift in house prices, with values increasing by 4.4% over the past 12 months to a median of $1.19 million. The unit market has seen no change in median price, indicating a stable demand.

In terms of sales, the suburb recorded 11 house sales and 8 unit sales over the past 12 months. Both houses and units are spending a similar median time on the market of 47 days, suggesting a consistent pace of sales activity.

The rental market in Shoal Bay has shown varied results, with house rents remaining stable and units experiencing a noticeable rise of 7.6%. This reflects a growing interest in the unit rental sector.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
17.6%1.4%
Sold
Past 3 months
88
Median days on market
Past 12 months
4954
Average rent
Past 12 months
$620$490
Change in rent
Past 12 months
N/A4.3%

5 year median price trend for houses and units

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Shoal Bay demographics

Shoal Bay, located in the picturesque Port Stephens region of New South Wales, is a serene coastal suburb known for its stunning beaches and relaxed lifestyle. With a population of 1,815, Shoal Bay is a small community that offers a peaceful retreat from the hustle and bustle of city life. The median age of 59 indicates a mature population, with many residents likely enjoying retirement or a slower pace of life in this idyllic setting.

The suburb's housing landscape is characterized by a significant proportion of properties owned outright, accounting for 44% of the total, which reflects the stability and long-term residency of its inhabitants. Meanwhile, 18.7% of properties are owned with a mortgage, and 37.3% are rented, providing a mix of housing options for both permanent residents and those seeking a holiday home or rental property.

Family structures in Shoal Bay are diverse, with 56.2% of couple families having no children, suggesting a community of empty nesters or retirees. Couple families with children make up 23.9%, while one-parent families account for 18.2%, indicating a supportive environment for various family dynamics. The median total household income of $1,007 per week reflects the area's laid-back lifestyle, where residents prioritize quality of life and natural beauty over the fast-paced demands of urban living.

Suburbs near Shoal Bay

Some popular suburbs near Shoal Bay include:

  • Nelson Bay: Known for its bustling marina and vibrant tourism scene, Nelson Bay is located directly west of Shoal Bay.
  • Fingal Bay: Renowned for its stunning beach and relaxed atmosphere, Fingal Bay is situated to the south of Shoal Bay.
  • Hawks Nest: Offering beautiful beaches and a laid-back lifestyle, Hawks Nest is located across the bay to the northeast of Shoal Bay.
  • Tea Gardens: Known for its charming village feel and scenic river views, Tea Gardens lies to the north of Shoal Bay across the water.
  • Corlette: Featuring tranquil residential areas and waterfront views, Corlette is situated to the northwest of Shoal Bay.

How does Shoal Bay compare to nearby suburbs?

  • Median house prices: Shoal Bay’s median house price is 0.8% higher than Hawks Nest’s.
  • Median unit prices: Shoal Bay’s median unit price is 12.7% higher than Nelson Bay’s.
  • House price growth: Over the past 12 months, house prices in Shoal Bay have grown 12.5% higher than in Nelson Bay.
  • Unit price growth: Property prices in nearby Nelson Bay have risen 6.5% more than in Shoal Bay over the past year.
  • Selling speed for houses: Properties in Shoal Bay are selling 21.0% faster than in Nelson Bay.
  • Selling speed for units: Properties in Shoal Bay are selling 32.5% faster than in Nelson Bay.

Choose the right real estate agents in Shoal Bay

In Shoal Bay ,23 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 60.6% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.29% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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