Blue Bay

Property investors enjoyed capital gains of 36.6% over the last 12 months in BLUE BAY, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that BLUE BAY, 2261 obtained a 9.74% growth over a ten-year period. It ranks 7th on our list of suburbs that property investors should look into.

BLUE BAY, 2261 has a capital gain of 36.6% for the past year, which is higher than average compared to its 78.04% growth within a five-year period.

With the median home price in BLUE BAY sitting at $802,500, and the average rent at $400, property owners could potentially earn a 2.59% increase in gross rental yield.

A 36.6% increase in median property prices in BLUE BAY, 2261 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 6th.

Figures from the previous quarter show that capital gains for real estate buyers in BLUE BAY are high, as opposed to average gains per annum over the past five years.

BLUE BAY, 2261 in NSW belongs to the local government area of Central Coast (C) (NSW).