NORTH BATEMANS BAY, 2536 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $475,000.
NORTH BATEMANS BAY now ranks at the 552nd 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 117.6 days.
In 2016, 16 properties were sold in NORTH BATEMANS BAY during the past year, making it the 1074th most active market in NSW based on total real estate transactions.
With the median home price in NORTH BATEMANS BAY sitting at $375,000, and the average rent at $300, property owners could potentially earn a 4.16% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that NORTH BATEMANS BAY, 2536 obtained a 18.51% growth over a ten-year period. It ranks 1191st on our list of suburbs that property investors should look into.