Nelly Bay

Property investors in NELLY BAY enjoyed capital gains of 38.95% over the last 12 months translating to lower returns compared with its peers in the territory.

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

NELLY BAY posted a 33.33% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $400 mark, reflecting a 7.88% increase in returns based on the current median price in NELLY BAY.

NELLY BAY, 4819 ranks 20th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

NELLY BAY ranks 19th on the list of best yielding suburbs for rental properties in QLD, posting a 7.88% return.