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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 0.55% for the past year.

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

Profits due to an upward trend in home prices in the suburb averaged 2.34% per annum over a 3-year period.

BATEAU BAY now ranks at the 483rd 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 $455 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 59.9 days.

In 2016, 175 properties were sold in BATEAU BAY during the past year, making it the 966th 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 $440,000
GROWTH REPORT
Median Quarterly 2.24% 0%
Median 12 month 0.55% -11.82%
Median 3 years 7.03% -2.51%
Median 5 years 32.5% 27.54%
10 years average annual 6.57% 4.64%
Weekly media advert. rent $455 $350
Time on Market 59.9 days 93.0 days
Gross Rental Yield Percent 3.45% 4.14%
demographics (median values)
Total Population
11595
Weekly Household Income
772.6
Household Size
2.50
demographics
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