5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
NORTH BATEMANS BAY, 2536 delivered a weaker 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 NORTH BATEMANS BAY, 2536 values up and netting property investors a capital gain of 8.49% for the past year.
Investors saw the median home price rise to $645,000.
Profits due to an upward trend in home prices in the suburb averaged 10.54% per annum over a 3-year period.
NORTH BATEMANS BAY now ranks at the 1249th place on a list of fastest growing suburbs in the territory.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NORTH BATEMANS BAY, homes and units usually stay on listing for an average of 77.3 days.
In 2016, 18 properties were sold in NORTH BATEMANS BAY during the past year, making it the 993rd most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $645,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -12.84% | N/A |
| Median 12 month | 8.49% | N/A |
| Median 3 years | 31.63% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 8.49% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 77.3 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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