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.
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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.
71 PITCHFORK PL, 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 RD |
19-05-2023 | $1,375,000 | 71 PITCHFORK PL |
29-04-2022 | $900,000 | 465 SHALLOW BAY RD |
03-03-2022 | $2,600,000 | 751 SHALLOW BAY RD |
07-09-2021 | $1,050,000 | 81 SALISBURY WAY |
03-09-2021 | $1,400,000 | 732 SHALLOW BAY RD |
06-08-2021 | $607,000 | 72 PITCHFORK PL |
08-05-2020 | $635,000 | 81 SALISBURY WAY |
03-08-2018 | $325,000 | 574 SHALLOW BAY RD |
20-07-2018 | $655,000 | 134 OAK LANE |
26-10-2017 | $200,000 | 556 SHALLOW BAY RD |
08-09-2017 | $975,000 | 827 SHALLOW BAY RD |
10-04-2017 | $477,000 | 73 SALISBURY WAY |
25-01-2017 | $440,000 | 616 SHALLOW BAY RD |
12-05-2016 | $290,000 | 466 SHALLOW BAY RD |
19-11-2015 | $485,000 | 356 SHALLOW BAY RD |
03-09-2015 | $550,000 | 622 SHALLOW BAY RD |
07-07-2015 | $400,000 | 832 SHALLOW BAY RD |
03-02-2015 | $500,000 | 673 SHALLOW BAY RD |
18-08-2014 | $250,000 | 292 SHALLOW BAY RD |
31-07-2013 | $520,000 | 73 PITCHFORK PL |
11-05-2012 | $300,000 | 72 PITCHFORK PL |
14-10-2011 | $570,000 | 74 PITCHFORK PL |
16-09-2011 | $190,000 | 616 SHALLOW BAY RD |
30-06-2011 | $532,000 | 286 SHALLOW BAY RD |
17-02-2006 | $675,000 | 751 SHALLOW BAY RD |
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