Property investors who have had real estate in Bateau Bay, 2261 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.14%
Bateau Bay,2261 was ranked 1361 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Bateau Bay should be aiming for at least -4.50% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 18.83 sales per month, which equates to 226 per year.
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 20.00% to date .
The five-year average increase in median property values for Bateau Bay,2261 has given property investors a potential capital gain of 67.65% 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 -3.38% . This means that Bateau Bay is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Bateau Bay have been waiting around 43.59 days to sell a property.
Advertised rents are around the $395 mark per week – giving a return of 4.80% based on the median price in Suburb