NSW has seen average median house prices change by 7.28% which means that Fennell Bay, 2283 has done well for property investors by showing a capital gain of 5.74% over the last year
Comparing Fennell Bay,2283 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Fennell Bay itself are offering an average vendor discount of -5.55% to real estate investors.
With the median price for a house in Fennell Bay being $483225 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.87%