Nelly Bay, 4819 ranked 53th in QLD when comparing growth in median property values or capital gain over the last 12 months. Nelly Bay is one of 2415 in our list for QLD
Nelly Bay,4819 was ranked 128 in Australia by increase in median property value over the quarter.
In the last year 11 properties changed hands in Nelly Bay, which puts it as the 868th most active market in QLD when comparing the number of sales per suburb.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 2.38%.
If you compare the increase in value of investment property in Nelly Bay, 4819 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 36.84%.
When looking at the potential capital gains offered to property investors over the last 3 years, Nelly Bay comes in at number 353th in QLD.
The QLD suburb of Nelly Bay, 4819 is in the Townsville local government area.