Over the last year, property investments in Nelly Bay, 4819 have given investors a capital gain of 16.67%. This compares very favourably with the 2.45% for QLD as a whole.
Across a shorter period, Nelly Bay, 4819 has seen a median price increase of 11.11% over the last quarter.
Advertised rents are around the $320 mark per week – giving a return of 4.75% based on the median price in Suburb
Giving property investors a a poor capital gain of -14.89% for the last year, Nelly Bay, 4819 is the 1625th highest performer in Australia in this respect.
Across a shorter period, Nelly Bay, 4819 has seen a median price increase of 5.26% over the last quarter.
Our latest figures would indicate that property sellers in Nelly Bay are currently offering property investors an average price cut of -9.22% below the asking price at the moment.
Often selling an investment property can take time, and in Nelly Bay the average time real estate has been on the market is 132.9 days.
Situated 1115.87km from the CBD, Nelly Bay is one of Townsville localities in the postcode 4819.