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Tanilba Bay suburb profile

Tanilba Bay is a picturesque coastal suburb located in the Port Stephens region of New South Wales, approximately 200km north of Sydney. Known for its serene waterfront views and natural beauty, Tanilba Bay offers a peaceful lifestyle with a strong sense of community. The suburb is surrounded by lush bushland and pristine beaches, making it ideal for outdoor enthusiasts and nature lovers. With its local amenities, including shops, schools, and recreational facilities, Tanilba Bay provides a comfortable and relaxed living environment. Its tranquil setting and friendly atmosphere make it a desirable destination for families, retirees, and holidaymakers.

Tanilba Bay property market performance

Tanilba Bay’s property market has been robust, with a notable 15.1% increase in house values over the past 12 months, bringing the median house price to $781,000. The unit market remains inactive, with no sales or price changes reported.

Over the last three months, 20 houses have sold, with a median time on market of 44 days, indicating a healthy turnover rate. The absence of unit sales highlights a limited demand or supply in that segment.

In the rental market, average house rents have seen a modest increase of 1.6% over the past year, reaching $620 per week. There is currently no data on unit rentals, further indicating the focus on houses in Tanilba Bay.

HousesUnits
Median price
Past 3 months
$793KN/A
Change in value
Past 12 months
10.2%N/A
Sold
Past 3 months
182
Median days on market
Past 12 months
42N/A
Average rent
Past 12 months
$620N/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Tanilba Bay demographics

Tanilba Bay, nestled in the picturesque Port Stephens region of New South Wales, offers a serene lifestyle with its beautiful waterfront views and tranquil environment. With a population of 3,237, this suburb is characterized by a mature demographic, reflected in its median age of 48. This suggests a community that includes a significant number of retirees and long-term residents who appreciate the peaceful surroundings and slower pace of life.

The suburb's housing landscape is predominantly owner-occupied, with 43.5% of properties owned outright and 29.3% owned with a mortgage. This indicates a stable community with a strong sense of homeownership. The rental market, comprising 27.2% of properties, provides options for those seeking flexibility or a temporary stay in this charming area.

Family structures in Tanilba Bay are diverse, with couple families without children making up 49.1% of the population, while couple families with children account for 32.0%. One-parent families represent 17.9%, highlighting a supportive community environment for various family dynamics. The median total household income of $1,131 per week reflects the suburb's affordability, making it an attractive option for families and retirees alike. Tanilba Bay's blend of natural beauty, community spirit, and affordability makes it a desirable location for those seeking a peaceful coastal lifestyle.

Suburbs near Tanilba Bay

Some popular suburbs near Tanilba Bay include:

  • Mallabula: Known for its serene waterfront and community parks, Mallabula is located directly south of Tanilba Bay.
  • Lemon Tree Passage: Famous for its marina and relaxed coastal lifestyle, Lemon Tree Passage is situated to the east of Tanilba Bay.
  • Bobs Farm: Offering a rural setting with wineries and farms, Bobs Farm lies to the southeast of Tanilba Bay.
  • Soldiers Point: Known for its picturesque beaches and holiday atmosphere, Soldiers Point is located to the northeast of Tanilba Bay.
  • North Arm Cove: Featuring tranquil waters and bushland, North Arm Cove is situated to the north across the bay from Tanilba Bay.

How does Tanilba Bay compare to nearby suburbs?

  • Median house prices: Tanilba Bay’s median house price is 5.4% higher than Lemon Tree Passage’s.
  • House price growth: Over the past 12 months, house prices in Tanilba Bay have grown 1.1% higher than in Mallabula.
  • Selling speed for houses: Properties in Tanilba Bay are selling 53.3% faster than in Soldiers Point.

Choose the right real estate agents in Tanilba Bay

There are 15 real estate agents in Tanilba Bay, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 72.2% of all sales in the past year.

Commission rates in Tanilba Bay typically range from 2.29% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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