Suburb Profile Report for Bateau Bay NSW (2261)

Bateau Bay House: Median price $630,000, Annual capital growth 5.98%, Number of sales 214, Weekly median advertised rent $460

Bateau Bay Unit: Median price $451,350, Annual capital growth 7.59%, Number of sales 36, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Bateau Bay has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.57% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bateau Bay has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Bateau Bay itself are offering an average vendor discount of -4.97% to real estate investors.

On average over the past year, suburb has had 17.83 sales per month, which equates to 214 per year.

Advertised rents are around the $460 mark per week – giving a return of 3.80% based on the median price in Suburb

Over the last year, property investments in Bateau Bay, 2261 have given investors a capital gain of 14.27%. This compares favourably with the 6.96% for NSW as a whole.

The five-year average increase in median property values for Bateau Bay,2261 has given property investors a potential capital gain of 70.00% across each of those five years.

Bateau Bay2261 is located in NSW which offers an average discount of -4.23% to property investors. Bateau Bay itself is showing figures that indicate -3.11% is the average achievable by property buyers investing in the suburb.

Metrics i HOUSE UNIT
$630,000 $451,350
2.86% 4.97%
9.57% 14.27%
5.98% 7.59%
$460 $395
214 36
3.80% 4.55%
43.84 55.71

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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