Blue Bay is in the TOP 10% in NSW when comparing median price capital growth over the last year. Blue Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 25.96%.
Comparing Blue Bay,2261 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Blue Bay, 2261 is offering NSW ‘s 524th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 9.49%, investors should hope to achieve an overall return of 2.64%
With a capital gain of 31.43% for the last 12 months, Blue Bay, 2261 has performed for property investments than its average annual 4.69% property growth over the last 5 years.
Blue Bay,2261 was ranked 351 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Blue Bay should be aiming for at least -3.60% off the asking price, which is the average vendor discount being achieved at the moment.
Blue Bay is 486th on a list of best yielding suburbs for rents in NSW with a 3.42% return