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.

Average median house prices in NSW have risen as a whole, pulling BATEAU BAY, 2261 values up and netting property investors a capital gain of 11.29% for the past year.

Investors saw the median home price rise to $658,000.

Profits due to an upward trend in home prices in the suburb averaged 11.43% per annum over a 3-year period.

BATEAU BAY now ranks at the 439th 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 $460 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 41.6 days.

In 2016, 223 properties were sold in BATEAU BAY during the past year, making it the 855th most active market in NSW based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $658,000 $460,000
GROWTH REPORT
Median Quarterly 3.62% 2.22%
Median 12 month 11.29% 12.13%
Median 3 years 34.29% 41.43%
Median 5 years 73.16% 73.58%
10 years average annual 6.53% 8.13%
Weekly media advert. rent $460 $395
Time on Market 41.6 days 43.4 days
Gross Rental Yield Percent 3.64% 4.47%
demographics (median values)
Total Population
11595
Weekly Household Income
772.6
Household Size
2.50
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