Fisherman Bay demand is being driven by its affordable coastal lifestyle, holiday-maker interest and a tiny pool of visible listings that give the village a sense of exclusivity. Buyers chasing lifestyle blocks, downsizers and some investors have nudged values higher, with the suburb posting roughly an 8% rise over the past six months and continued quarterly strength pointing to steady capital growth despite weak yields. Risks include the ageing, low-IRSAD population, long 104-day marketing times and almost zero new approvals, yet tight supply and rising online interest keep the case for further upside if buyer appetite endures.