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12 MIN READProperty Market Update: Melbourne, December 2021
Melbourne capped off a bumpy 2021 with double-digit annual growth, triumphing over gloomy start-of-the-year forecasts. H...
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North Batemans BayNorth Batemans Bay - SUBURB PROFILE REPORT
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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 13.95% for the past year.
Investors saw the median home price rise to $735,000.
NORTH BATEMANS BAY now ranks at the 151st 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 90.3 days.
In 2016, 17 properties were sold in NORTH BATEMANS BAY during the past year, making it the 1078th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $735,000 | $432,500 |
| GROWTH REPORT | ||
| Median Quarterly | 14.84% | 9.49% |
| Median 12 month | 13.95% | N/A |
| Median 3 years | N/A | 20.14% |
| Median 5 years | N/A | N/A |
| 10 years average annual | 11.22% | N/A |
| Weekly media advert. rent | N/A | $395 |
| Time on Market | 90.3 days | 55.8 days |
| Gross Rental Yield Percent | N/A | 4.75% |
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