Over the last year, property investments in Nelson Bay, 2315 have given investors a capital gain of 0.00%. This compares averagely with the 1.14% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nelson Bay has increased when compared to the 5 year average annual rate.
At number 523th of NSW’s most discounted properties, Nelson Bay is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Situated 154.22km from the CBD, Nelson Bay is one of Port Stephens (A) localities in the postcode 2315.
Property value increases in Nelson Bay have tracked close to the NSW average of 0.04% over the last 12 months.
While Nelson Bay,2315 ranked number 388th in NSW for increase in median house value (annualised) increase, it is ranked 323th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Nelson Bay itself are offering an average vendor discount of -6.63% to real estate investors.
Often selling an investment property can take time, and in Nelson Bay the average time real estate has been on the market is 104.5 days.
Nelson Bay is 126th on a list of best yielding suburbs for rents in NSW with a 4.66% return