Suburb Profile Report for Bateau Bay NSW (2261)

Bateau Bay House: Median price $585,000, Annual capital growth 5.19%, Number of sales 221, Weekly median advertised rent $450

Bateau Bay Unit: Median price $410,250, Annual capital growth 6.36%, Number of sales 29, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Bateau Bay have tracked just higher than the NSW average of 7.15% over the last 12 months.

While Bateau Bay,2261 ranked number 556th in NSW for increase in median house value (annualised) increase, it is ranked 476th over the last 5 years.

Vendor discounting in Bateau Bay is giving property investors an average Vendor Discount of around -4.11%. This puts suburb at number 929th in NSW when ranking the most discounted suburbs.

Bateau Bay has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.63% to date .

Bateau Bay,2261 has offered an average of 17.63% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Bateau Bay are currently offering property investors an average price cut of -3.74% below the asking price at the moment.

With the median price for a house in Bateau Bay being $410250 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 5.01%

HOUSE UNIT
$585,000 $410,250
1.61% 0.86%
9.86% 17.63%
5.19% 6.36%
$450 $395
221 29
4.00% 5.01%
41.48 48.2

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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