Fingal Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Fingal Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 14.89%.
Taking the average capital gain, or increase in median house value, Fingal Bay,2315 has racked up an average of 14.89% over the period. This ranks it number 759th in the whole country for real estate investors looking at median house price increases.
Fingal Bay2315 is located in NSW which offers an average discount of -5.49% to property investors. Fingal Bay itself is showing figures that indicate -3.13% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $425 mark per week – giving a return of 3.54% based on the median price in Suburb
Property value increases in Fingal Bay have tracked just higher than the NSW average of 5.41% over the last 12 months.
Comparing Fingal Bay,2315 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Fingal Bay, 2315. Typically our figures indicate that -6.17% is being offered, which puts this NSW suburb at 433th most discounted overall in Australia.
With the median price for a house in Fingal Bay being $435000 and the advertised rent reaching $362.5 the gross rental yield for property investors calculates out to be 4.33%