Fern Bay is in the TOP 20% in NSW when comparing median price capital growth over the last year. Fern Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 7.88%.
Over the longer term, Fern Bay has seen property prices show investors a 16.19% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Fern Bay are currently offering property investors an average price cut of -3.22% below the asking price at the moment.
Fern Bay, 2295’s gross rental yield is 3.95%