Fern Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Fern Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 22.01%.
Taking the average capital gain, or increase in median house value, Fern Bay,2295 has racked up an average of 22.01% over the period. This ranks it number 2145th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Fern Bay 2295 should be seeing an average reduction in asking price of around -6.26% . This means that Fern Bay is holding prices well when compared to other suburbs in NSW.
At number 2225 in a list of fastest selling suburbs, Fern Bay is just in the bottom half of suburbs in Australia with an average of days on market 83.76 for properties listed there.
Property investors should expect to get $510 weekly from the median priced house in this suburb.