At number 1488th in the list of Australian suburbs ordered by increase in median house value over the last year, Shelly Beach, 2261 is in the top 40% with a property value increase of 10.45% recorded in median house prices.
While Shelly Beach,2261 ranked number 620th in NSW for increase in median house value (annualised) increase, it is ranked 464th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Shelly Beach is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 442th in terms of most discounted suburbs in NSW
Residents and property investors in Shelly Beach have been waiting around 55.47 days to sell a property.