Salamander Bay is an average performer in NSW when comparing median price capital growth over the last year. Salamander Bay gave property investors a good capital gain figure when compared to the rest of the state, with 10.68%.
Comparing Salamander Bay,2317 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Salamander Bay, 2317 is offering NSW ‘s 570th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Situated 150.47km from the CBD, Salamander Bay is one of Port Stephens localities in the postcode 2317.
Property value increases in Salamander Bay have tracked higher than the NSW average of 6.92% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Salamander Bay has increased when compared to the 5 year average annual rate.
At number 136th of NSW’s most discounted properties, Salamander Bay is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Salamander Bay have been waiting around 75.14 days to sell a property.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 1.92%, investors should hope to achieve an overall return of 5.10%