At number 864th in the list of Australian suburbs ordered by increase in median house value over the last year, Blue Bay, 2261 is in the top 30% with a property value increase of 10.88% recorded in median house prices.
Blue Bay,2261 was ranked 709 in Australia by increase in median property value over the quarter.
Property buyers and investors in Blue Bay 2261 should be seeing an average reduction in asking price of around -1.44% . This means that Blue Bay is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $450 mark per week – giving a return of 2.98% based on the median price in Suburb
With a capital gain of 27.05% for the last 12 months, Blue Bay, 2261 has performed for property investments than its average annual 4.18% property growth over the last 5 years.
Blue Bay,2261 was ranked 295 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Blue Bay is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 215th in terms of most discounted suburbs in NSW
Advertised rents are around the $395 mark per week – giving a return of 3.54% based on the median price in Suburb