Is PHEGANS BAY a good suburb for positive geared property investment in Australia?

PHEGANS BAY in NSW currently features property rental yields up to 3.5% with a 12-month capital growth value of Down -0.5%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PHEGANS BAY 2256?

The median house price in PHEGANS BAY 2256 is approximately $1,095,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PHEGANS BAY 2256

State: NSW

Updated: 6 August 2026

PosiProp AI Investment Summary

PHEGANS BAY (NSW 2256) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Down -0.5%, with a median house buy price of $1,095,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$860,000

Up 4.9% 3.2% Yield

3 house • buy

$1,095,000

Up 11.2% 3.4% Yield

4 house • buy

$1,246,750

Up 8.4% 3.5% Yield

all house • buy

$1,095,000

Down -0.5% 3.5% Yield

Suburb Market Profile

Last month Phegans Bay had 2 properties available for rent and 3 properties for sale. Median sold prices over the last year is $1,095,000 for houses. If you are looking for an investment property, consider houses in Phegans Bay rent out for $850 PW with an annual rental yield of 3.5%. Phegans Bay has seen an annual compound growth rate of -0.5% for houses.

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