Investment property in Nelson Bay has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.16%
Over the longer term, Nelson Bay has seen property prices show investors a 27.56% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Nelson Bay are currently offering property investors an average price cut of -4.62% below the asking price at the moment.
Advertised rents are around the $430 mark per week – giving a return of 4.53% based on the median price in Suburb
Giving property investors a a stable capital gain of 6.72% for the last year, Nelson Bay, 2315 is the 637th 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 -2.05% across each of those five years.
Property buyers and investors in Nelson Bay 2315 should be seeing an average reduction in asking price of around -4.52% . This means that Nelson Bay is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Nelson Bay have been waiting around 102.06 days to sell a property.
Advertised rents are around the $330 mark per week – giving a return of 4.80% based on the median price in Suburb