Fern Bay

POSTAL CODE: NSW, 2295

HOUSE

Based on its average 5-year and quarterly capital gains FERN BAY, 2295 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that FERN BAY, 2295 obtained a 9.53% growth over a ten-year period. It ranks 200th on our list of suburbs that property investors should look into.

FERN BAY, 2295 in NSW belongs to the local government area of Port Stephens.

FERN BAY, 2295 has a capital gain of 1.05% for the past year, which is lower than average compared to its 34.49% growth within a five-year period.

With the median home price in FERN BAY sitting at $965,000, and the average rent at $735, property owners could potentially earn a 3.96% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$965,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	1.05%	N/A
Median 3 years	2.93%	N/A
Median 5 years	34.49%	N/A
10 years average annual	9.53%	N/A
Weekly media advert. rent	$735	N/A
Time on Market	34 days	N/A
Gross Rental Yield Percent	3.96%	N/A

Demographics (Median Values)*

Total Population 6925

Weekly Household Income 1177

Household Size 2.30

Average Age 50

Monthly Loan Repayment 2000

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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