Nelson Bay, NSW
FAIR VALUE11,662 sales · 36 years of data · NSW, Australia
Nelson Bay, NSW Property Market Overview
Nelson Bay, NSW, postcode 2315, is a coastal suburb offering a diverse property market. Located on the shores of Port Stephens, north of Sydney, Nelson Bay has a rich history of property transactions, evidenced by 11,662 recorded sales over the past 36 years. The current median property price (all types) in Nelson Bay sits at $849,000.
Nelson Bay's property market includes a mix of houses and apartments, with the current median house price at $1,112,500 and the current median apartment price at $660,000. This difference in price points caters to a range of buyers, from families looking for larger homes to individuals or couples seeking apartment living. The suburb's coastal location and lifestyle amenities contribute to its appeal.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Nelson Bay
Top streets in Nelson Bay, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Tallean Rd | $1,150,000 |
| 2 | Achilles St | $1,237,500 |
| 3 | Laman St | $2,300,000 |
| 4 | Shoal Bay Rd | $1,030,000 |
... and 176 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 | Christmas Bush Ave | $4,324/m² |
| 2 | Gloucester St | $4,099/m² |
| 3 | Seaspray Ave | $4,875/m² |
| 4 | Ondine Cl | $8,191/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 | Canomii Cl | +9.2% |
| 2 | Government Rd | +9.6% |
| 3 | Catalina Cl | +9.6% |
| 4 | Wallawa Rd | +11.6% |
... 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
| # | Address | Median |
|---|---|---|
| 1 | 20 Government Rd | $885,000 |
| 2 | 5 Ondine Cl | $1,450,000 |
... and 119 more buildings
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 Nelson Bay analysis
180 streets and 123 buildings to explore
Trusted by 100+ property investors across NSW
Nearby Suburbs to Nelson Bay
Nelson Bay at a Glance
Nelson Bay, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Nelson Bay, NSW
Living in Nelson Bay offers a relaxed coastal lifestyle with access to beautiful beaches and a vibrant community. The suburb is known for its stunning waterfront views and opportunities for boating, fishing, and other water activities. Nelson Bay Public School serves the local primary school population.
Nelson Bay boasts a range of amenities, including the Nelson Bay Cinema, various restaurants, cafes, and shops in the town centre. Parks like Fly Point Park offer green spaces for recreation and relaxation. The vibe in Nelson Bay is generally laid-back and friendly, attracting both families and retirees. There's a regular ferry service to Tea Gardens, offering another leisure option.
For secondary education, Tomaree High School is a nearby option. The community actively participates in local events and festivals, creating a strong sense of belonging. Nelson Bay's character is defined by its natural beauty, relaxed atmosphere, and community spirit.
Who Buys in Nelson Bay?
The buyer profile in Nelson Bay is diverse, attracting a range of individuals and families. The suburb's median property prices, with houses at $1,112,500 and apartments at $660,000, suggest that both families and downsizers are drawn to the area. The 37.8% strata percentage indicates a significant proportion of apartment dwellers, attracting first-home buyers and investors seeking lower-maintenance properties.
Historically, the 7.5% 10-year CAGR has drawn investors looking for capital appreciation. Nelson Bay's coastal lifestyle and amenities also appeal to retirees and those seeking a sea change. The mix of property types and price points ensures that Nelson Bay caters to a wide range of buyers.
Market Analysis
Analysing the Nelson Bay property market reveals it's currently near its long-term trend, indicating fair value. This suggests that, as of early 2026, property prices in Nelson Bay are neither significantly overvalued nor undervalued compared to their historical performance.
Being near its long-term trend implies that the market is behaving in line with its historical averages. While this doesn't guarantee future performance, it suggests that the market is not experiencing extreme volatility or speculative bubbles. Potential buyers and sellers in Nelson Bay can use this information to make informed decisions, understanding that the market's current position reflects its historical patterns.
Is Nelson Bay a Good Investment?
Nelson Bay's growth patterns have historically been influenced by its coastal location, lifestyle amenities, and proximity to major urban centres. The suburb's 5.1% full-period CAGR (36 years) demonstrates consistent long-term growth, driven by increasing demand for coastal living and investment properties. Nelson Bay's appeal as a tourist destination also contributes to its property values.
As of early 2026, the Nelson Bay property market is near its long-term trend, indicating fair value. This suggests that prices are currently aligned with historical performance. The 7.5% 10-year CAGR suggests that the suburb has experienced robust growth in recent years. These factors combined make Nelson Bay an area of interest for those tracking property market trends.
Nelson Bay Market Outlook
As of early 2026, the Nelson Bay property market is currently near its long-term trend, signalling fair value. Recent price trends suggest a relatively stable market, reflecting the suburb's consistent appeal and balanced supply and demand. The overall outlook for Nelson Bay remains positive, driven by its desirable location and lifestyle amenities.
While market conditions can change, the current position indicates a healthy and sustainable market in Nelson Bay. Potential buyers and sellers can use this information to inform their decisions, understanding that the market is performing in line with its historical patterns.
Streets & Location in Nelson Bay, NSW
Nelson Bay, postcode 2315, boasts a variety of streets with varying median property prices. Some of the top streets by median price in Nelson Bay include ACHILLES ST, CHRISTMAS BUSH AVE, and WALLAWA RD. These streets often feature desirable locations or larger properties.
With a total of 180 streets, Nelson Bay offers a diverse range of residential options. Its location on Port Stephens provides residents with access to beaches, waterways, and a relaxed coastal lifestyle, contributing to the suburb's overall appeal.
Market Dynamics
The market dynamics in Nelson Bay reflect a relatively stable transaction environment. Properties in Nelson Bay typically take an average of 49 days to settle. This timeframe suggests a balanced market, where properties are neither selling extremely quickly nor lingering on the market for extended periods.
Data regarding quick-flip percentages is currently unavailable, but the settlement timeframe provides some insights into the pace of transactions in Nelson Bay. This information can be useful for understanding the current market conditions and planning property transactions.
Development & Density
Nelson Bay features a mix of housing types, with a notable presence of apartment buildings. There are approximately 123 apartment buildings in Nelson Bay, contributing to the suburb's overall development density. This density reflects the popularity of apartment living in the area, particularly for those seeking low-maintenance or waterfront options.
The presence of apartment buildings alongside traditional houses provides a range of housing options in Nelson Bay. This variety caters to different lifestyles and budgets, contributing to the suburb's diverse community.
Growth & Property Mix
Historically, Nelson Bay has demonstrated solid growth in property values. Over the past 10 years, Nelson Bay properties have experienced a compound annual growth rate (CAGR) of 7.5%. Looking further back, the 20-year CAGR stands at 3.2%, while the full-period CAGR (36 years) is 5.1%.
The property mix in Nelson Bay includes a notable proportion of apartments, with strata properties accounting for 37.8% of the market. This blend of housing options provides diverse opportunities within the Nelson Bay property landscape.
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.