AREA REPORTS

Nelly Bay

QLD/
Nelly bay

Suburb Profile

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

house
unit

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 $360,000.

Profits due to an upward trend in home prices there averaged 7.34% per annum over a 3-year period.

Home owners selling their properties and realtors in NELLY BAY usually have to wait an average of 166.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $345 mark, reflecting a 4.98% increase in returns based on the current median price in NELLY BAY.

NELLY BAY, 4819 places 701st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 $186,500
GROWTH REPORT
Median Quarterly -4% -11.19%
Median 12 month -2.7% -11.19%
Median 3 years 22.03% 49.2%
Median 5 years -8.86% -42.53%
10 years average annual 0.82% N/A
Weekly media advert. rent $345 $340
Time on Market 166.3 days 0.0 days
Gross Rental Yield Percent 4.98% 9.48%
demographics (median values)
Total Population
976
Weekly Household Income
842.6
Household Size
2.30
demographics
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