Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
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 34.45% for the past year.
Investors saw the median home price rise to $800,000.
NORTH BATEMANS BAY now ranks at the 365th 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 52.6 days.
In 2016, 15 properties were sold in NORTH BATEMANS BAY during the past year, making it the 1216th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||34.45%||N/A|
|Median 3 years||N/A||22.45%|
|Median 5 years||N/A||N/A|
|10 years average annual||11.63%||3.52%|
|Weekly media advert. rent||N/A||$410|
|Time on Market||52.6 days||55.2 days|
|Gross Rental Yield Percent||N/A||4.74%|