NSW has seen average median house prices change by 7.15% which means that Fingal Bay, 2315 has done well for property investors by showing a capital gain of 6.06% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fingal Bay has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Fingal Bay itself are offering an average vendor discount of -3.10% to real estate investors.
Over the last year, property investments in Fingal Bay, 2315 have given investors a capital gain of 7.48%. This compares averagely with the 6.59% for NSW as a whole.
A 28.00% growth in median value for property investors in Fingal Bay,2315 puts this suburb at number 67th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Fingal Bay is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 259th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Fingal Bay the average time real estate has been on the market is 61 days.
Situated 153.04km from the CBD, Fingal Bay is one of Port Stephens localities in the postcode 2315.