Nelson Bay has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.74% to date .
Taking the average capital gain, or increase in median house value, Nelson Bay,2315 has racked up an average of 15.74% over the period. This ranks it number 1164th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.35% to buyers in Nelson Bay at the moment, which is less than average for the rest of NSW.
At number 1480 in a list of fastest selling suburbs, Nelson Bay is in the TOP 40% of suburbs in Australia with an average of days on market 63.47 for properties listed there.
Nelson Bay is 440th on a list of best yielding suburbs for rents in NSW with a 3.74% return
Property investors who have had real estate in Nelson Bay, 2315 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.23%
A 29.03% growth in median value for property investors in Nelson Bay,2315 puts this suburb at number 494th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -4.81% to buyers in Nelson Bay at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 13.50 sales per month, which equates to 162 per year.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.