AREA REPORTS

Bateau Bay

 

 

NSW/
Bateau bay

Suburb Profile

Bateau Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2261

house
unit

BATEAU BAY, 2261 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $685,000.

Profits due to an upward trend in home prices in the suburb averaged 8.18% per annum over a 3-year period.

BATEAU BAY now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BATEAU BAY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $480 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BATEAU BAY, homes and units usually stay on listing for an average of 52.6 days.

In 2016, 253 properties were sold in BATEAU BAY during the past year, making it the 784th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $685,000 $471,000
GROWTH REPORT
Median Quarterly 0% 0%
Median 12 month -1.08% 2.39%
Median 3 years 24.55% 29.93%
Median 5 years 57.47% 65.26%
10 years average annual 6.95% 7.72%
Weekly media advert. rent $480 $390
Time on Market 52.6 days 50.0 days
Gross Rental Yield Percent 3.64% 4.31%
demographics (median values)
Total Population
11595
Weekly Household Income
772.6
Household Size
2.50
demographics
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