Property investments in BATEMANS BAY fare well against the rest of the country last year, registering a median home price increase of 6.47%.
Real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 122.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $370,000.
BATEMANS BAY ranks 157th on the list of best yielding suburbs for rental properties in NSW, posting a 5.06% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.47%||22.68%|
|Median 3 years||23.33%||25.66%|
|Median 5 years||32.14%||32.09%|
|10 years average annual||4.32%||2.17%|
|Weekly media advert. rent||$360||$290|
|Time on Market||122.0 days||108.2 days|
|Gross Rental Yield Percent||5.06%||5.31%|