Callala Bay, NSW
FAIR VALUE2,346 sales · 36 years of data · NSW, Australia
Callala Bay, NSW Property Market Overview
Callala Bay, NSW 2540, is a coastal suburb offering a relaxed lifestyle on the shores of Jervis Bay. Located approximately 2.5 hours south of Sydney, Callala Bay has seen 2,346 recorded property sales over the past 36 years. The current median property price for all dwellings in Callala Bay stands at $960,000.
Callala Bay presents a diverse property market, with houses currently having a median price of $975,000 and apartments at $720,000. Its coastal setting and relatively affordable price point compared to Sydney's inner suburbs make it an attractive location for a range of buyers. The suburb is known for its tranquil beaches and family-friendly atmosphere.
Property Mix
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Every figure backed by NSW government sale records
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Top streets in Callala Bay, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Chapman St | $940,000 |
| 2 | Encounter St | $1,030,000 |
| 3 | Stott Cres | $950,000 |
| 4 | Gowlland Cres | $740,000 |
... and 57 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Barden Cl | $1,218/m² |
| 2 | Morton St | $1,285/m² |
| 3 | Sheaffe St | $1,667/m² |
| 4 | Hollingsworth Cres | $1,157/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Australia Ave | +7.5% |
| 2 | Sydney Ave | +8.1% |
| 3 | Morton St | +10.9% |
| 4 | Barden Cl | +10.2% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Callala Bay analysis
61 streets and 23 buildings to explore
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Callala Bay at a Glance
Callala Bay, NSW
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Local Amenities
Living in Callala Bay, NSW
Living in Callala Bay offers a tranquil coastal lifestyle centred around the beautiful beaches of Jervis Bay. The suburb boasts a relaxed and friendly community, making it an ideal place for families and retirees alike. The local primary school, Callala Bay Public School, serves the educational needs of the area.
Residents enjoy easy access to a range of outdoor activities, including swimming, boating, and fishing. The nearby Callala Bay Shopping Centre provides convenient access to everyday amenities and services. For those seeking a more extensive range of shops and services, Nowra is approximately a 30-minute drive away. The vibe in Callala Bay is laid-back and community-oriented, with a strong focus on enjoying the natural surroundings.
Callala Bay offers a peaceful escape from the hustle and bustle of city life, with plenty of opportunities to connect with nature and enjoy a relaxed pace of living. The local parks and reserves provide green spaces for recreation and relaxation, further enhancing the suburb's appeal. There are no train stations in Callala Bay itself, however regular bus services connect residents to surrounding areas.
Who Buys in Callala Bay?
The buyer profile in Callala Bay is diverse, encompassing families, retirees, and those seeking a coastal lifestyle. The median house price of $975,000 and apartment price of $720,000, coupled with the 4.0% strata percentage, suggests a mix of affordability and lifestyle options. The historical CAGR of 8.5% over the past 10 years may attract investors looking for long-term growth.
Families are drawn to Callala Bay for its schools, parks, and safe environment. Retirees appreciate the relaxed pace of life and access to coastal amenities. The relatively lower property prices compared to Sydney's metropolitan areas also attract first home buyers looking to enter the property market.
Market Analysis
Currently, the Callala Bay property market is assessed as being near its long-term trend, indicating fair value. This suggests that property prices in Callala Bay are currently aligned with historical performance and underlying economic factors.
This cycle position implies a period of relative stability in the Callala Bay market. While significant price surges may be less likely, consistent growth aligned with historical trends can be expected. This fair value position can offer a sense of security for both buyers and sellers as of early 2026.
Is Callala Bay a Good Investment?
Callala Bay's property market has demonstrated consistent growth over the long term, as evidenced by its full-period CAGR of 7.0%. The 10-year CAGR of 8.5% further highlights its recent strong performance. The suburb's appeal lies in its coastal location, relaxed lifestyle, and relatively affordable property prices.
The Callala Bay property market is currently assessed as being near its long-term trend, suggesting fair value. This indicates a balanced market where prices are aligned with historical performance and economic fundamentals. These factors contribute to the overall attractiveness of Callala Bay as a residential location. The historical growth patterns suggest a stable and potentially lucrative property market, though past performance is not indicative of future results.
Callala Bay Market Outlook
As of early 2026, the Callala Bay property market presents a picture of relative stability. The market is assessed as being near its long-term trend, indicating fair value. This suggests that recent price trends are in line with historical averages.
While significant price fluctuations may be less likely in the near term, the underlying demand for properties in Callala Bay remains steady. The suburb's coastal appeal and relaxed lifestyle continue to attract buyers, supporting the overall market stability.
Streets & Location in Callala Bay, NSW
Callala Bay, postcode 2540, is characterised by a mix of residential streets, with some achieving higher median prices than others. Notable streets in Callala Bay include Gowlland Crescent, Sheaffe Street, and Mitchell Road, all known for their desirable locations and property values. The suburb's proximity to the water and its coastal charm contribute significantly to its appeal.
Located on the northern shores of Jervis Bay, Callala Bay offers residents access to beautiful beaches and a relaxed coastal lifestyle. Its location also provides easy access to nearby towns and amenities, making it a desirable place to live.
Market Dynamics
The average settlement time for properties in Callala Bay is currently 47 days, indicating a reasonably efficient transaction process. This timeframe reflects the typical time required for contracts to exchange and complete, including finance approvals and legal processes.
Currently, data on quick-flip percentages is unavailable, providing limited insight into short-term investor activity in Callala Bay. However, the overall market activity suggests a steady demand for properties in the area.
Development & Density
Callala Bay features a mix of housing types, with a balance between detached houses and apartment buildings. There are 23 apartment buildings in Callala Bay, representing a moderate level of apartment density in the suburb. This is reflected in the percentage of strata properties, which stands at 4.0%.
The low strata percentage suggests that detached houses are more prevalent in Callala Bay, contributing to the suburb's overall character and appeal. This composition aligns with the area's relaxed coastal lifestyle, attracting those seeking a more traditional residential setting.
Growth & Property Mix
Historically, Callala Bay has demonstrated steady property value growth. Over the past 10 years, the suburb has experienced a Compound Annual Growth Rate (CAGR) of 8.5%. Looking further back, the 20-year CAGR stands at 4.8%, while the full-period CAGR, spanning 36 years, is 7.0%. The property mix in Callala Bay includes both houses and apartments, with a relatively small percentage of properties falling under strata title.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.