Property value increases in Bateau Bay have tracked just higher than the NSW average of 11.53% over the last 12 months.
The five-year average increase in median property values for Bateau Bay,2261 has given property investors a potential capital gain of 76.32% across each of those five years.
Property buyers and investors in Bateau Bay 2261 should be seeing an average reduction in asking price of around -4.08% . This means that Bateau Bay is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 6.77%, investors should hope to achieve an overall return of 3.57%
Property value increases in Bateau Bay have tracked just higher than the NSW average of 8.31% over the last 12 months.
Over the longer term, Bateau Bay has seen property prices show investors a 40.40% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Bateau Bay are currently offering property investors an average price cut of -2.58% below the asking price at the moment.
Residents and property investors in Bateau Bay have been waiting around 43.77 days to sell a property.
Situated 58.64km from the CBD, Bateau Bay is one of Wyong localities in the postcode 2261.