Blue Bay

Blue Bay, NSW 2261 is a suburb with a total population of 1060 residents. The population is relatively stable, with slight growth over the past 1, 5, and 10 years. The suburb has a diverse age distribution, with a significant number of residents aged between 20 to 64 years. The median household income is moderate, with various occupations represented in the area. Commuting mainly involves the use of motor vehicles, while a good proportion of residents also work from home. Blue Bay presents opportunities for both house and unit investors. The suburb has a healthy market absorption rate, indicating demand for properties. With a moderate vacancy rate, investors can expect steady rental yields. Homeowners interested in living in Blue Bay can find a range of amenities and good infrastructure in the area. The suburb also shows potential for long-term growth, as indicated by the strong median growth rates over 3, 5, and 10 years. Blue Bay, NSW 2261 offers a stable and diverse community for residents. Investors can explore opportunities in both houses and units, benefiting from the suburb's strong growth indicators and demand for properties. With a range of amenities and good infrastructure, Blue Bay is an attractive location for homeowners seeking a balanced lifestyle with investment potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022