Stability paving the way for property market gains
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
Property investors enjoyed capital gains of 1.88% 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 4.54% growth over a ten-year period. It ranks 1847th on our list of suburbs that property investors should look into.
WEST BATHURST, 2795 has a capital gain of 1.88% for the past year, which is lower than average compared to its 20.37% growth within a five-year period.
With the median home price in WEST BATHURST sitting at $325,000, and the average rent at $325, property owners could potentially earn a 5.2% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WEST BATHURST are low, 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 (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $325,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 1.88% | N/A |
| Median 3 years | 7.44% | N/A |
| Median 5 years | 20.37% | N/A |
| 10 years average annual | 4.54% | N/A |
| Weekly media advert. rent | $325 | N/A |
| Time on Market | 72.3 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
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