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Suburb Insights ยท NSW 2481

Byron Bay 2481, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Byron Bay is a coastal suburb in New South Wales, Australia, with a population of approximately 6,330, making it a smaller community. Located approximately 623 km from the Sydney CBD, Byron Bay is a coastal area in New South Wales. The median household income is $81,172 AUD per year (ABS 2021 Census).

Investment Score

59 / 100 Moderate

Moderate income levels in Byron Bay indicate steady rental demand from working households. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows Byron Bay, New South Wales, Australia.

Key Indicators

Postcode
2481

Official Australia Post postcode for Byron Bay. A postcode may cover multiple suburbs.

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Population
6,330

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$600/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$81,172/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
623 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
39% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Byron Bay, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $600/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. The median household income of $81,172/year reflects a solid demographic, supporting sustainable rental demand. With only 39% separate houses, Byron Bay has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Holding property in Byron Bay over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental returns in Byron Bay are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

Some renovation potential exists in Byron Bay, though margins may be tighter due to higher base prices or competition.

Risk Factors

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Full Property Analysis

30-year projections for Byron Bay

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Byron Bay through 2026 will likely be steady rather than spectacular, tracking the wider market. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. The market mood around Byron Bay is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Byron Bay a good suburb for investment?

Byron Bay is a coastal area in New South Wales with a population of 6,330. The median rent is $600/week and the median household income is $81,172/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Byron Bay?

Key demand drivers in Byron Bay include lifestyle appeal and proximity to the coast. 39% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Byron Bay?

According to the ABS 2021 Census, Byron Bay has a population of approximately 6,330. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Byron Bay from the Sydney CBD?

Byron Bay is approximately 623 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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