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%