‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Property investors enjoyed capital gains of 15.33% over the last 12 months in WEST BATHURST, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.97% growth over a ten-year period. It ranks 1586th on our list of suburbs that property investors should look into.
WEST BATHURST, 2795 has a capital gain of 15.33% for the past year, which is higher than average compared to its 28.15% growth within a five-year period.
With the median home price in WEST BATHURST sitting at $346,000, and the average rent at $320, property owners could potentially earn a 4.81% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WEST BATHURST are high, as opposed to average gains per annum over the past five years.
WEST BATHURST, 2795 in NSW belongs to the local government area of Bathurst Regional.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $346,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.65% | N/A |
| Median 12 month | 15.33% | N/A |
| Median 3 years | 18.09% | N/A |
| Median 5 years | 28.15% | N/A |
| 10 years average annual | 4.97% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 78.5 days | N/A |
| Gross Rental Yield Percent | 4.81% | N/A |
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