Giving property investors a a stable capital gain of 7.47% for the last year, Blue Bay, 2261 is the 1476th highest performer in Australia in this respect.
Blue Bay,2261 was ranked 807 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -1.44% to buyers in Blue Bay at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Over the last year, property investments in Blue Bay, 2261 have given investors a capital gain of 27.79%. This compares very favourably with the 5.41% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blue Bay has increased when compared to the 5 year average annual rate.
Blue Bay, 2261 is offering NSW ‘s 349th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Often selling an investment property can take time, and in Blue Bay the average time real estate has been on the market is 78.35 days.
Advertised rents are around the $395 mark per week – giving a return of 3.47% based on the median price in Suburb