Giving property investors a a stable capital gain of 6.99% for the last year, Nelson Bay, 2315 is the 1549th highest performer in Australia in this respect.
The five-year average increase in median property values for Nelson Bay,2315 has given property investors a potential capital gain of 22.74% across each of those five years.
Our latest figures would indicate that property sellers in Nelson Bay are currently offering property investors an average price cut of -3.63% below the asking price at the moment.
Residents and property investors in Nelson Bay have been waiting around 82.32 days to sell a property.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Over the last year, property investments in Nelson Bay, 2315 have given investors a capital gain of 18.18%. This compares very favourably with the 5.41% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Nelson Bay,2315 has racked up an average of 18.18% over the period. This ranks it number 489th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Nelson Bay is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 295th in terms of most discounted suburbs in NSW
Property investors should expect to get $345 weekly from the median priced house in this suburb.