Shoal Bay has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.79% to date .
Taking the average capital gain, or increase in median house value, Shoal Bay,2315 has racked up an average of 9.79% over the period. This ranks it number 1033th in the whole country for real estate investors looking at median house price increases.
At number 682th of NSW’s most discounted properties, Shoal Bay is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 39 properties changed hands in Shoal Bay, which puts it as the 803th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $360 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -3.53% for the last year, Shoal Bay, 2315 is the 1330th highest performer in Australia in this respect.
While Shoal Bay,2315 ranked number 162th in NSW for increase in median house value (annualised) increase, it is ranked 414th over the last 5 years.
Our latest figures would indicate that property sellers in Shoal Bay are currently offering property investors an average price cut of -4.28% below the asking price at the moment.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.