If you compare the increase in value of investment property in Nelson Bay, 2315 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.32%.
Over the longer term, Nelson Bay has seen property prices show investors a 40.86% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Nelson Bay is giving property investors an average Vendor Discount of around -3.61%. This puts suburb at number 1034th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.
Nelson Bay is in the bottom 40% in NSW when comparing median price capital growth over the last year. Nelson Bay gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.87%.
Nelson Bay,2315 was ranked 619 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nelson Bay, 2315. Typically our figures indicate that -4.71% is being offered, which puts this NSW suburb at 873th most discounted overall in Australia.
Advertised rents are around the $370 mark per week – giving a return of 4.74% based on the median price in Suburb