Over the last year, property investments in Nelson Bay, 2315 have given investors a capital gain of 12.15%. This compares favourably with the 8.26% for NSW as a whole.
Over the longer term, Nelson Bay has seen property prices show investors a 25.58% return over the last 3 years. This is worse than over the last 12 months
At number 977th of NSW’s most discounted properties, Nelson Bay is in the TOP 30% of the state/territory when listing in order of most discounted to least.
With a capital gain of 16.97% for the last 12 months, Nelson Bay, 2315 has performed for property investments than its average annual 0.15% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Nelson Bay comes in at number 292th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Nelson Bay itself are offering an average vendor discount of -3.82% to real estate investors.
At number 920 in a list of fastest selling suburbs, Nelson Bay is in the bottom 40% of suburbs in Australia with an average of days on market 86.5 for properties listed there.
With the median price for a house in Nelson Bay being $405000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.49%