Shoal Bay, 2315 ranked 655th in NSW when comparing growth in median property values or capital gain over the last 12 months. Shoal Bay is one of 3163 in our list for NSW
Across a shorter period, Shoal Bay, 2315 has seen a median price increase of 0.65% over the last quarter.
Property investors looking for a bargain in Shoal Bay should be aiming for at least -3.43% off the asking price, which is the average vendor discount being achieved at the moment.
Shoal Bay, 2315 ranked 87th in NSW when comparing growth in median property values or capital gain over the last 12 months. Shoal Bay is one of 3163 in our list for NSW
The five-year average increase in median property values for Shoal Bay,2315 has given property investors a potential capital gain of 57.24% across each of those five years.
Sellers are offering property buyers an average discount of -3.14% to buyers in Shoal Bay at the moment, which is less than average for the rest of NSW.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 4.37%.