At number 1953th in the list of Australian suburbs ordered by increase in median house value over the last year, Little Bay, 2036 is in the top half with a property value increase of 7.46% recorded in median house prices.
Over the longer term, Little Bay has seen property prices show investors a 58.79% return over the last 3 years. This is worse than over the last 12 months
A $1100 per week rent on the median house gives suburb investors a gross yield of circa 3.00%, without taking into account capital value appreciation, which has been averaging out at 6.92%.
Investment property in Little Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.45%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Little Bay has increased when compared to the 5 year average annual rate.
Property buyers and investors in Little Bay 2036 should be seeing an average reduction in asking price of around -3.32% . This means that Little Bay is holding prices well when compared to other suburbs in NSW.
At number 320 in a list of fastest selling suburbs, Little Bay is in the TOP 30% of suburbs in Australia with an average of days on market 50.4 for properties listed there.
Situated 10.45km from the CBD, Little Bay is one of Randwick localities in the postcode 2036.