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Nelly Bay
AREA REPORTS

Nelly Bay

Nelly Bay - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4819

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 8.73% capital gain.

Property investors in NELLY BAY enjoyed capital gains of 5.75% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $386,000.

Profits due to an upward trend in home prices there averaged 2.91% per annum over a 3-year period.

Home owners selling their properties and realtors in NELLY BAY usually have to wait an average of 87.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in NELLY BAY.

NELLY BAY, 4819 places 806th in Australia based on median property value growth during the quarter.

Data report can be found below

Nelly Bay
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $386,000 $264,000
GROWTH REPORT
Median Quarterly 2.12% -7.37%
Median 12 month 5.75% 38.95%
Median 3 years 8.73% 33.33%
Median 5 years 24.52% 27.23%
10 years average annual 1.51% 74.49%
Weekly media advert. rent N/A $400
Time on Market 87.3 days 91.0 days
Gross Rental Yield Percent N/A 7.88%
demographics (median values)*
Total Population
976
Weekly Household Income
842.6
Household Size
2.30
Age
44
Monthly Loan Repayment
1175
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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