Investment property in Fingal Bay has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -18.21%
Taking the average capital gain, or increase in median house value, Fingal Bay,2315 has racked up an average of -18.21% over the period. This ranks it number 2449th in the whole country for real estate investors looking at median house price increases.
At number 74th of NSW’s most discounted properties, Fingal Bay is in the bottom 10% of the state/territory when listing in order of most discounted to least.
At number 3232 in a list of fastest selling suburbs, Fingal Bay is in the bottom 20% of suburbs in Australia with an average of days on market 115.476 for properties listed there.
Situated 153.06km from the CBD, Fingal Bay is one of Port Stephens (A) localities in the postcode 2315.
Giving property investors a a solid capital gain of 22.83% for the last year, Fingal Bay, 2315 is the 78th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fingal Bay has increased when compared to the 5 year average annual rate.
In the last year 10 properties changed hands in Fingal Bay, which puts it as the 559th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 5.67%, investors should hope to achieve an overall return of 3.13%