Bar Beach, NSW

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Livability Index
115.8
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Population: 1122

House Growth Prediction (per annual): 33%, 157th out of 5061

Unit Growth Prediction (per annual): 25%, 55th out of 2987

Keywords: Small Area, High Price, Tourism, Young, Workforce, Well Educated, Professional, Healthcare, High Salary, Investment, High Rent, Valuable House

Basics

Bar Beach is a local community with population 1,122, and the population growth over the past decade is -10.2%. It has an average income $54,840.33 per annum. It has 86.1% of population who only speak English at home. Other top languages include Greek, Persian excluding Dari , Italian, German, Afrikaans. Unemployment rate in Bar Beach is 5.4% while people work as professionals is 40.3%. Bar Beach has 0 Coles stores and 0 Woolworth stores. Its population density is 298.09 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bar Beach has Socio-Economic raw score 1020.7 while the average score across Australia is 1000. Therefore, Bar Beach has advantage in terms of Socio-Economic measure. It obtains relative score 63 out of 100 across Australia, while relative score 62 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Bar Beach has a livability index 108.2, which is higher than average 100 across Australia. It ranks 994th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 19.4% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bar Beach has a higher than average growth expectation. It ranks 7,216th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Bar Beach is predicted to grow by 11% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bar Beach has a lower than average growth. It ranks 3,986th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Bar Beach, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Bar Beach, which obtains score of 97 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bar Beach has a better than average score, which is 100 out of 100. Similar to to primary school, secondary school has better than average score, which is 97 out of 100.

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Bar Beach, NSW smart rating was calculated by GeoIndex Australia.

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