At number 431th in the list of Australian suburbs ordered by increase in median house value over the last year, Fingal Bay, 2315 is in the top 20% with a property value increase of 17.61% recorded in median house prices.
Over the longer term, Fingal Bay has seen property prices show investors a 52.65% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Fingal Bay is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 960th in terms of most discounted suburbs in NSW
Fingal Bay, 2315’s gross rental yield is 3.31%
With a capital gain of 17.40% for the last 12 months, Fingal Bay, 2315 has performed for property investments than its average annual 4.28% property growth over the last 5 years.
Over the longer term, Fingal Bay has seen property prices show investors a 31.20% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Fingal Bay should be aiming for at least -7.55% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 153.04km from the CBD, Fingal Bay is one of Port Stephens localities in the postcode 2315.