If you compare the increase in value of investment property in Bateau Bay, 2261 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.40%.
The five-year average increase in median property values for Bateau Bay,2261 has given property investors a potential capital gain of 73.28% across each of those five years.
The most recent median price for Bateau Bay is $655000, with sellers offering an average of -4.21% off the asking price.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 6.39%, investors should hope to achieve an overall return of 3.65%
Bateau Bay is an average performer in NSW when comparing median price capital growth over the last year. Bateau Bay gave property investors a good capital gain figure when compared to the rest of the state, with 11.38%.
When looking at the potential capital gains offered to property investors over the last 3 years, Bateau Bay comes in at number 95th in NSW.
The most recent median price for Bateau Bay is $455000, with sellers offering an average of -3.38% off the asking price.
In the last year 30 properties changed hands in Bateau Bay, which puts it as the 375th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $395 weekly from the median priced house in this suburb.