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Bateman
AREA REPORTS

Bateman

Bateman - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6150

house

Property investors enjoyed capital gains of 12.24% over the last 12 months in BATEMAN, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in BATEMAN are low, as opposed to average gains per annum over the past five years.

The suburb posted a 14.58% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 2.84% increase in returns based on the current median price in BATEMAN.

BATEMAN, 6150 ranks 214th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 387th on the list of best yielding suburbs for rental properties in WA, posting a 2.84% return.

Data report can be found below

Bateman
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $825,000 N/A
GROWTH REPORT
Median Quarterly 1.85% N/A
Median 12 month 12.24% N/A
Median 3 years 14.58% N/A
Median 5 years 9.27% N/A
10 years average annual 3.3% N/A
Weekly media advert. rent $450 N/A
Time on Market 38.6 days N/A
Gross Rental Yield Percent 2.84% N/A
demographics (median values)*
Total Population
13146
Weekly Household Income
1968
Household Size
2.90
Age
42
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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