If you compare the increase in value of investment property in Nelly Bay, 4819 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -7.69%.
The five-year average increase in median property values for Nelly Bay,4819 has given property investors a potential capital gain of -7.26% across each of those five years.
The most recent median price for Nelly Bay is $300000, with sellers offering an average of -10.98% off the asking price.
Advertised rents are around the $330 mark per week – giving a return of 5.72% based on the median price in Suburb
At number 236th in the list of Australian suburbs ordered by increase in median house value over the last year, Nelly Bay, 4819 is in the top 20% with a property value increase of 14.00% recorded in median house prices.