Blue Bay has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 21.19% to date .
The five-year average increase in median property values for Blue Bay,2261 has given property investors a potential capital gain of 79.41% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Blue Bay, 2261. Typically our figures indicate that -7.54% is being offered, which puts this NSW suburb at 911th most discounted overall in Australia.
A $415 per week rent on the median house gives suburb investors a gross yield of circa 2.36%, without taking into account capital value appreciation, which has been averaging out at 9.61%.
The five-year average increase in median property values for Blue Bay,2261 has given property investors a potential capital gain of 77.44% across each of those five years.
Blue Bay, 2261 is offering NSW ‘s 112th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.