Suburb Profile Report for Bateau Bay NSW (2261)

Bateau Bay House: Median price $600,000, Annual capital growth 5.27%, Number of sales 232, Weekly median advertised rent $460

Bateau Bay Unit: Median price $425,000, Annual capital growth 6.60%, Number of sales 30, Weekly median advertised rent $398

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Bateau Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.79%

When looking at the potential capital gains offered to property investors over the last 3 years, Bateau Bay comes in at number 688th in NSW.

LACK OF BUYER INTEREST may well be the reason that Bateau Bay is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 850th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Bateau Bay the average time real estate has been on the market is 46.02 days.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.99%, without taking into account capital value appreciation, which has been averaging out at 5.27%.

At number 141th in the list of Australian suburbs ordered by increase in median house value over the last year, Bateau Bay, 2261 is in the top 10% with a property value increase of 17.24% recorded in median house prices.

The five-year average increase in median property values for Bateau Bay,2261 has given property investors a potential capital gain of 66.67% across each of those five years.

Bateau Bay2261 is located in NSW which offers an average discount of -4.42% to property investors. Bateau Bay itself is showing figures that indicate -3.22% is the average achievable by property buyers investing in the suburb.

At number 142 in a list of fastest selling suburbs, Bateau Bay is in the TOP 10% of suburbs in Australia with an average of days on market 43.88 for properties listed there.

HOUSE UNIT
$600,000 $425,000
2.83% 3.60%
8.79% 17.24%
5.27% 6.60%
$460 $398
232 30
3.99% 4.86%
46.02 43.88

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 11759
Median household income ($/weekly) 938
Median age of persons 44
Median housing loan repayment ($/monthly) 1800
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1322 11.2
    25-34 years 1203 10.2
    35-44 years 1333 11.3
    45-54 years 1560 13.3
    55-64 years 1445 12.3
    Others 4896 41.6
    Age Group
    Census Count Percent(%)
    Registered Married 4210 48.1
    Not Married 3859 44.1
    Defacto Relationship 691 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 9990 88.3
    Italy 42 0.4
    Papua New Guinea 151 1.3
    United Kingdom 633 5.6
    Other 131 1.2
    Others 366 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.6
    Christianity 8974 81.3
    Hinduism 12 0.1
    Other Religious Groups 18 0.2
    No Religion 1948 17.7
    Others 17 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 454 11.4
    $400-$599 554 13.9
    $600-$799 416 10.5
    $800-$999 364 9.2
    $1,500-$1,999 471 11.9
    Others 1713 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3826 41.9
    Employed, worked full-time 2883 31.5
    Employed, worked part-time 1747 19.1
    Unemployed, looking for work 369 4.0
    Employed, away from work 317 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 860 17.4
    Technicians & trades workers 825 16.7
    Community & personal service workers 634 12.8
    Clerical & administrative workers 665 13.4
    Sales 636 12.9
    Others 1327 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 250 9.9
    Infants/Primary 859 34.1
    Secondary 753 29.9
    Technical or Further Educational Institution 256 10.2
    University or other Tertiary Institutions 338 13.4
    Others 60 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9470 86.3
    Semi-detached, row or terrace house, townhouse 837 7.6
    Flat, unit or apartment 660 6.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1598 36.7
    Being purchased 1527 35.1
    Rented 1106 25.4
    Other tenure type 124 2.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals