Over the last year, property investments in Blue Bay, 2261 have given investors a capital gain of 7.09%. This compares averagely with the 7.15% for NSW as a whole.
Blue Bay,2261 was ranked 1903 in Australia by increase in median property value over the quarter.
Blue Bay, 2261 is offering NSW ‘s 1214th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
At number 1757 in a list of fastest selling suburbs, Blue Bay is just in the top half of suburbs in Australia with an average of days on market 77.5 for properties listed there.
Blue Bay, 2261’s gross rental yield is 3.41%
Property investors who have had real estate in Blue Bay, 2261 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 27.26%
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Blue Bay itself are offering an average vendor discount of -4.42% to real estate investors.
Advertised rents are around the $400 mark per week – giving a return of 3.59% based on the median price in Suburb