Where to find the slightly more affordable and influential suburbs in Sydney
There are certain locations in any area that are more susceptible to price movements than others, and if investors want to try and catch the...
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 30.65% for the past year.
Investors saw the median home price rise to $607,500.
Profits due to an upward trend in home prices in the suburb averaged 6.97% per annum over a 3-year period.
NORTH BATEMANS BAY now ranks at the th 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 NORTH BATEMANS BAY are low, as opposed to average gains per annum over the past five years.
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 0.0 days.
In 2016, 10 properties were sold in NORTH BATEMANS BAY during the past year, making it the 1562nd most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $607,500 | $375,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 2.04% |
| Median 12 month | 30.65% | 10.46% |
| Median 3 years | 20.9% | N/A |
| Median 5 years | 51.88% | N/A |
| 10 years average annual | 10.74% | 25.96% |
| Weekly media advert. rent | N/A | $360 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | N/A | 4.99% |
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