NSW has seen average median house prices change by 7.28% which means that Nelson Bay, 2315 has done well for property investors by showing a capital gain of 9.38% over the last year
A 26.05% growth in median value for property investors in Nelson Bay,2315 puts this suburb at number 490th in terms of best performing suburbs in NSW
At number 1025th of NSW’s most discounted properties, Nelson Bay is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Nelson Bay have been waiting around 81.39 days to sell a property.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.59%, investors should hope to achieve an overall return of 4.16%
Property value increases in Nelson Bay have tracked higher than the NSW average of 5.73% over the last 12 months.
Taking the average capital gain, or increase in median house value, Nelson Bay,2315 has racked up an average of 19.12% over the period. This ranks it number 486th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Nelson Bay is giving property investors an average Vendor Discount of around -3.56%. This puts suburb at number 327th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Nelson Bay the average time real estate has been on the market is 88.23 days.
Property investors should expect to get $347.5 weekly from the median priced house in this suburb.