Suburb Profile

Suburb profile for,

Nelly Bay, QLD

Located in the dynamic state of QLD (postcode 4819), NELLY BAY is a vibrant real estate market. This suburb holds a median house price of $522,500 and has demonstrated an average buying growth of Up 30.6%. Last month, 22 houses were available, with 24 transactions completed in the past year. Properties spend around 51 days on the market, reflecting the area's demand with 295 interested buyers. The average rental yield stands at 4.3%, with a weekly median rent of $460 per week and an average rent growth of Down -21.2%. Rental properties usually stay on the market for 16 days. The population in 2016 was 1216, which changed by +15.40% in the past five years. The median weekly household income is $839, reflecting an income change of -2.78% over the past five years. Residents have a median age of 52 years, and the suburb has an average annual growth for houses of +5.96%. To fully take advantage of NELLY BAY's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in NELLY BAY, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Nelly Bay, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
QLD
Suburb
NELLY BAY
Postcode
4819
Median price for all dwellings
$522,500
Last 12 months growth return
Up 30.6%
Avg. dwellings for sale in the suburb every month
22
Avg. dwellings sold in the suburb in previous 12 months
24
Avg days on market for a dwelling listing to sell
51 days
Avg. number of people searching in this suburb every month
295
Avg. rental yield per annum
4.30%
Weekly median rent for all dwellings
$460 per week
Median price for all houses
$522,500
Avg. rental yield growth in the previous 12 months
4.30%
Avg. days for a rental listing to find a tennant
16 days
Total suburb population in 2016
1216
Total suburb population change in 5 years up to 2016
15.40%
Avg. household income per week
$839
Median age of the population in the suburb
52
Historic avg annual growth return per annum in the suburb
5.96%

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