At number 205th in the list of Australian suburbs ordered by increase in median house value over the last year, Phegans Bay, 2256 is in the top 10% with a property value increase of 21.61% recorded in median house prices.
A 38.98% growth in median value for property investors in Phegans Bay,2256 puts this suburb at number 285th in terms of best performing suburbs in NSW
Property buyers and investors in Phegans Bay 2256 should be seeing an average reduction in asking price of around -2.06% . This means that Phegans Bay is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Phegans Bay being $681000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.44%