Property value increases in Fern Bay have tracked just lower than the NSW average of 8.99% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fern Bay has increased when compared to the 5 year average annual rate.
Vendor discounting in Fern Bay is giving property investors an average Vendor Discount of around -3.79%. This puts suburb at number 971th in NSW when ranking the most discounted suburbs.
Fern Bay, 2295’s gross rental yield is 5.03%