Shoal Bay has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.90% to date .
If we look at median property appreciation over just the last three months, Shoal Bay has given property investors a paper return of 2.22%. This puts Suburb as 705 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Shoal Bay 2315 should be seeing an average reduction in asking price of around -2.65% . This means that Shoal Bay is holding prices well when compared to other suburbs in NSW.
Shoal Bay is 742th on a list of best yielding suburbs for rents in NSW with a 3.21% return
At number 83th in the list of Australian suburbs ordered by increase in median house value over the last year, Shoal Bay, 2315 is in the top 10% with a property value increase of 25.00% recorded in median house prices.
Across a shorter period, Shoal Bay, 2315 has seen a median price increase of 2.30% over the last quarter.
Sellers are offering property buyers an average discount of -2.69% to buyers in Shoal Bay at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $320 mark per week – giving a return of 3.74% based on the median price in Suburb