If you compare the increase in value of investment property in Empire Bay, 2257 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -12.58%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Empire Bay has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Empire Bay should be aiming for at least -9.00% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Empire Bay the average time real estate has been on the market is 105.167 days.
Situated 43.62km from the CBD, Empire Bay is one of Central Coast (C) (NSW) localities in the postcode 2257.